Leading African integrated payments and digital commerce platform company Interswitch, has announced its expansion to the Democratic Republic of Congo (DRC), partnering with DRC’s banking platform Multipay Congo, to enhance the payments ecosystem.
This partnership will provide innovative and secure digital payment solutions, which is a response to the evolving and expanding demands of the DRC market.
Multipay Congo will leverage Interswitch’s innovative technology to accelerate digital transformation, which will enhance financial inclusion and boost the country’s economic growth.
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Speaking on the partnership, the Managing Director of Multipay Congo, Olivier Bueno said,
“We are delighted to partner with Interswitch Limited, another pioneer and leader in the African digital payment space. This partnership will enable us to continue to pursue our ambition to actively participate in the financial inclusion objectives of the Central Bank of Congo by developing innovative, accessible, secure digital financial products and services, adapted to the needs of the population and businesses.
“By working with Interswitch, we leverage our local knowledge and skills to promote financial inclusion and economic empowerment, as well as to support the development of the digital economy in DRC and in the region.”
Also describing the partnership as a win-win for both organizations and the people of the Congo, Akeem Lawal, the Managing Director, of Payment Processing and Switching (Interswitch Purepay) said,
“We are pleased to enter this partnership with Multipay Congo to bring our transformative payment solutions to the Democratic Republic of the Congo. The partnership aligns with our overarching efforts to expand our footprint across more African regions, developing and deploying innovative solutions until payments are a seamless part of everyday life on the continent.
“As part of this partnership, we will strengthen our presence in the DRC, one of Africa’s most populous and promising markets, so, we look forward to working with relevant regulators and other financial service providers to jointly provide safe, reliable, and convenient financial services to individuals and businesses in the DRC.”
Interswitch strategic partnership with Multipay Congo highlights the company’s dedication to bringing cutting-edge financial solutions to new frontiers and contributing to the economic development of the Democratic Republic of Congo.
Also, Multipay Congo will benefit from the innovative technology of Interswitch, which already operates in more than 14 African countries. By offering advanced digital payment solutions, both companies will drive the adoption of new technologies and encourage businesses and consumers to migrate to simpler, faster and more secure payment solutions.