MasterCard partners with Equity
27 February 2013, 15:00
Nairobi - MasterCard has rolled out a Mobile Point of Sale (MPOS) technology in Kenya in a partnership with Equity Bank and Ezetap, aimed at boosting the acceptance of electronic payments in the country.
According to Capital News, the partnership, was finalised at the Mobile World Congress in Barcelona, Spain, and will feature technology which allows merchants to receive payments via low cost add-ons linked to secure applications on their mobile devices.
MasterCard Sub-Saharan Africa Division President Daniel Monehin said that their collaboration with Equity Bank and Ezetap will help businesses and retailers boost sales through broadened acceptance.
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