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EziPay, MFS Africa Collaborate to aid Remittances in Africa

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Home Tech News Africa Tech News

EziPay, MFS Africa Collaborate to aid Remittances in Africa

Felicia Akindurodoye by Felicia Akindurodoye
March 3, 2023
in Africa Tech News, Business, Business Strategy, Editors Pick, Entrepreneurship, Fintech, Innovation, Startups, Tech News, Technology
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EziPay, MFS Africa Collaborate to aid Remittances in Africa
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One of Africa’s top digital payment gateways, MFS Africa, has collaborated with award-winning intra-African, cross-border remittances and digital wallet provider EziPay to provide last-mile connectivity for payments to and from mobile money wallets and bank accounts throughout Africa.

The agreement comes at a time when businesses and individuals need solutions that enable them to transact across regions as mobile money in Africa grows at an increasing rate.

Dare Okoudjou, founder and CEO of MFS Africa, stated in a statement that the collaboration would help the company reach its goal of interoperability and is in keeping with its mission to assist businesses of all sizes.

“At MFS Africa, it has always been important to us to help businesses of all sizes scale by building a network hub and partner ecosystem that shares these values.

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Partnering with EziPay, an organization known for providing digital wallets for inward and outward remittance to MSMEs, SMEs, and individuals across continents, made complete sense to enable further the interoperability we aim to achieve through our acquisitions and partnerships,” Dare Okoudjou said.

EziPay, which operates in 14 African nations, has more than 300,000 users worldwide, including local ex-pats and members of the African diaspora who use its digital wallets to send money home and abroad. The company’s global wallet Mauritius service, with payout corridors to more than 90 countries, is currently operational.

Read also: Kenya’s Workpay raises $2.7M Pre-Series A funding

How Customers Would Benefit 

Co-Founder and CEO of EziPay Amit Gaur think that customers would benefit from instant remittances for goods, services, family allowances, P2P payments, and more due to this relationship.

“With EziPay and MFS Africa joining hands to solve cross-continent remittances to Africa from Asia, Europe, the UK, and the USA, remittances for goods, services, school fees, medical transfers, business transfers, family maintenance allowances, and P2P transfers will be enabled.

I firmly believe that with the MFS Africa partnership, our customers will have instant remittances to bank accounts and wallets across Africa for our ever-growing customer base.” Amit Gaur, Co-Founder and CEO at EziPay said at the occasion.

More opportunities, connections, and interoperability have been made possible for both individuals and companies thanks to MFS Africa. The company’s full-service digital payments network links more than 120,000 agents, 200 million bank accounts, and 400 million mobile money wallets across Nigeria.

“As Africa’s mobile money landscape continues to evolve, we hope that entrepreneurs will be able to take their businesses to the next level through partnerships like these. Ultimately, we hope that it will lead to not only a more connected Africa but also a more connected world,” concludes Okoudjou.

Customers of these firms can rest assured that this partnership between these two Giants would yield fruits and bring about easy remittances all over Africa.

eFactory simplifies electricity payments in Nigeria

About EziPay

EziPay is a brand-new payment service that integrates with your bank account or preferred digital wallet to provide a more convenient, secure, and all-around better payment experience. It is an all-inclusive end-to-end solution for online and mobile payments that enables individuals and companies to send, spend, and receive money.

With the help of new technology like mobile money, debit/credit cards, internet banking, bank electronic transfers, and others, our lives, our communities, and the entire globe are now at our fingertips. A team of programmers and business owners that are passionate about using web and mobile technologies to promote social change established and run EziPay.

With Ezypay, you can control recurring direct debit payments across numerous websites, payment methods, and currencies. You can utilize it as a stand-alone platform, combine it with your current business software, or work with us to integrate the platform.

It’s simple to set up and bill your clients on any day of the week with various pricing and payment options. With adjustable subscription plans that range from straightforward regular direct debit payments to more intricate arrangements, you can convert clients into subscribers.

To increase your payment collection rates and revenue, Ezypay supports the combination of one-time and recurring payments and gives you the option to accept payments through online payments, direct debit banking, debit cards, and credit cards. Create electronic invoices that can be paid right away or easily automate invoices for recurring payments.

To recover lost payments, Ezypay automates failure messages to clients and executes smart rebills on your behalf. The Ezypay platform has a smart payment routing system that has been efficiently optimized to minimize the chance of payment failure and maximize collection.

Tags: Africa tech newsEziPay africaFintechMFS Africa
Felicia Akindurodoye

Felicia Akindurodoye

Felicia Akindurodoye is an experienced writer and researcher, whose watchword is originality.

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