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DPO Group new partnerships to ease digital payments in Africa. www.theexchange.africa

DPO Group new partnerships to ease digital payments in Africa. [Photo/Forbes]

DPO Group partners with Mastercard, Central banks of Nigeria and Rwanda to ease digital payments

The increased partnerships will allow customers to access efficient e-commerce and payments services through DPO Group's potent platform.

by Joseph Kangethe
March 30, 2022
in Tech & Business
0
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  • DPO targets to increase its client base through tactical partnerships and new territory launches
  • The increased partnerships momentum follows the 2021 landmark acquisition by Network International
  • DPO Group operates in 21 countries in Africa

The digital payments company, DPO Group, has announced three new partnerships;

  • Mastercard in Ghana.
  • Bank of Kigali in Rwanda to support the merchants’ e-commerce needs and,
  • DPO Group has acquired a license from the Central Bank of Nigeria

DPO’s partnership with Mastercard will enable businesses in Ghana to offer their customers more superb choices and convenience by accepting digital payments in the currency of their choice, including mobile money.

The partnership offers seamless and secure payments via e-wallets that function locally and abroad. The two businesses recently collaborated to deliver a training session for entrepreneurs in the country.

Read: Africa, European Union join forces to boost digital cooperation

The partnership of DPO with the Bank of Kigali will allow the offering of digital payment services to its existing business customers. Many new online merchants will join the bank to take advantage of the new service by DPO.

DPO Group partners with Mastercard to enhance digital payments in Africa. www.theexchange.africa
DPO Group partners with Mastercard to enhance digital payments in Africa. [Photo/Techawk]
On February 04, 2022, the Central Bank of Nigeria granted a license to One Payment Limited, a subsidiary of DPO Group, to provide certain types of payments services to businesses across Nigeria. The licence enables DPO Group to operate as an independent payment solutions services company in Nigeria, as it does across over 20 other nations in Africa.

The licensing follows a solid end to 2021, which saw DPO partner with a global leader in travel technology, Amadeus. Customers can now accept local payments, including via mobile money and card payments, allowing international airlines to operate locally and African airlines to expand globally. As a result of the partnership, DPO is connected to multiple regional and international airlines via Amadeus’s airline passenger system.

DPO Group plans to Further extend its growth in 2022, targeting new product innovation and territory launches.

The increased partnerships momentum follows the 2021 landmark acquisition by Network International, a globally renowned facilitator of e-commerce in the Middle East and Africa region.

Network International acquired 100 per cent of DPO Group, which continued to operate under the same brand in existing territories. The company operates in 21 countries on the continent; Network International will increase its presence throughout Africa as it becomes one of the fastest-growing payments markets globally.

Following the acquisition, DPO Group has increased its operations in new markets in Africa, partnering with businesses in significant African territories, from local businesses to continental airlines.

DPO began this year with more than 60,000 active registered merchants. The group targets to increase this number through tactical partnerships and new territory launches.  The increased partnerships will allow customers to access efficient e-commerce and payments services through DPO Group’s potent platform.

Read: Kenya: Safaricom targeting businesses with digital solutions including cloud computing

The licensing follows a solid end to 2021, which saw DPO partner with a global leader in travel technology, Amadeus. Customers can now accept local payments, including via mobile money and card payments, allowing international airlines to operate locally and African airlines to expand globally. As a result of the partnership, DPO is connected to multiple regional and international airlines via Amadeus’s airline passenger system.

“We are delighted to kickstart 2022 with three strong strategic partnerships,” Offer Gat, the Managing Director of DPO Group Africa, comments. “This will be a huge year for entrepreneurs and commerce in Africa. It will also be a big year for DPO Group as we continue to support these businesses’ ambitions and potential through our payments products and services.”

DPO Group New Partenerships to enhance digital payments in Africa. www.theexchange.africa
DPO Group New Partnerships to enhance digital payments in Africa. [Photo/itsbusinessdirect]
DPO Group tops in digital payments in Africa, operating in over 20 countries. DPO has developed the technological know-how that enables individuals and businesses across the continent to make their payments online and offline with all currencies and payment methods. The company currently works with over 60,000 active merchants, including businesses in the e-commerce and travel and leisure sectors.

DPO Group was founded in 2006, and since then, it has grown to be a Pan-African payment service provider (PSP) with more than 400 employees. DPO Group targets to support financial inclusion and economic development in Africa by providing its merchants with the capacity to make and accept payments effortlessly.

Who is Network International?

Network International is a group of companies and is the leading enabler of digital commerce across the Middle East and Africa (MEA) regions, providing technology-enabled payments solutions to merchants and financial institutions of all types and sizes, including acquiring and processing and a comprehensive ever-evolving range of value-added services.

Read: Shift to digital payment systems takes shape in Kenya

Tags: Central Bank of KigaliCentral Bank of Nigeriadigital payments in AfricaDPO GroupDPO Group digital paymentsDPO New PartnershipsMastercard in GhanaNetwork International

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Joseph Kangethe

I am a journalist who is an enthusiastic tech, business and investment news writer from across Africa. There is always something good happening in Africa but most gets lost in the stereotypes. I tell the stories that matter to the Africans for Africa. Have a tip? You can contact me at [email protected]

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May Edition

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