Pesapal has announced the launch of its mobile Point of Sale (mPOS) solution dubbed Pesapal Sabi. Sabi allows businesses and individuals to process secure card payments in store or on the go via their Android mobile phones or tablets. Available in Uganda, Kenya, and Tanzania, the product seeks to help businesses, from mobile sole traders and SMEs to large multi-location retailers, process card payments more efficiently.
Currently, Sabi can process Visa and MasterCard debit and credit cards in both local currencies and US dollars. These card payments will be processed over Bluetooth connections via Sabi mPOS terminals offered by Pesapal. The Sabi terminals are portable and can process over 250 transactions on a single charge.
The terminals are able to process both chip and pin payments as well as NFC contactless payments. Business owners are then able to view their transaction histories and issue receipts for their payments via the Android Sabi app.
Later versions of Sabi will support mVisa and American Express payments adding to the payment options businesses will offer their clientele. Pesapal has primarily offered online payment solutions but by adding Sabi to its business products, we are it making it possible for more small businesses to respond to their customers’ preferred methods of payment.
Speaking on Sabi, Pesapal CEO Agosta Liko said, “We exist to bolster financial and digital inclusion in the markets we are in. We offer businesses freedom to access services that they have traditionally had more difficulty getting, either due to their size or volumes. With Sabi we are doing this in the most accessible, affordable and mobile way available anywhere. Sabi is also our way of taking financial services to the informal sector, a segment that has previously been underserved”
Business can access Sabi online via Pesapal where they set up a business account and sign a merchant contract. They will then proceed to purchase their Sabi terminal which when delivered, will be set up for them and allows them to start transacting within 24 hours.
Pesapal is both PCI PIN and PCI DSS certified, meaning international security standards are applied to all card transactions ensuring security for both businesses and their customers.