Cross Switch expands to Kenya with Pesawise tie-up
This collaboration utilises Pesawise's regulatory status to facilitate Cross Switch's launch in Kenya, aiming to provide payment solutions to businesses, merchants, and charitable organisations.
It enables Kenyan merchants to access Cross Switch's global payments infrastructure, offering a variety of payment channels such as Visa, Mastercard, AmEx, mobile money, and bank platforms.
The unified platform from Cross Switch is designed to streamline payment processing, reduce costs, and speed up transaction settlements for businesses.
The company's services are already in use by merchants in various sectors across Africa and Latin America, including hospitality, e-commerce, delivery services, and cryptocurrency where regulations permit.
Cross Switch CEO Tim Davis said: 'During the establishment phase of this partnership it is refreshing to see a shared common set of values with Pesawise, to provide our customers with best-in-class service levels and straightforward solutions.
'And a common mission to democratise technology and drive social impact across Africa. With their exceptional team and proven ability to provide relevant value-added services, we believe Pesawise will excel in the fast-moving fintech space.'
Cross Switch aims to deliver payment solutions along with fraud prevention, risk management, and effective reconciliation capabilities.
Pesawise CEO Jamal Khan stated: 'We're thrilled to take this next step in our journey with Cross Switch as our technology partner. Their deep knowledge and robust technology solutions will enable us to provide innovative solutions tailored to the needs of emerging markets.
'Together, we aim to strengthen the digital payments ecosystem in Kenya. We've already secured key wins together—including supporting merchants like Glovo Kenya—through a combination of Cross Switch's expertise and our dedicated local team.'
"Cross Switch expands to Kenya with Pesawise tie-up " was originally created and published by Electronic Payments International, a GlobalData owned brand.
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