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Interswitch to build and rollout Telkom’s new T-Kash

The solutions will hasten the speed at which Telkom Kenya customers are able to access services from their different financial providers

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Communications Authority Director General Francis Wangusi, ICT Cabinet Secretary Joe Mucheru, Telkom Board Chairman Eddy Njoroge, Principal Secretary Sammy Itemere and Telkom CEO, Aldo Mareuse during the launch of T-Kash on Monday.

Interswitch, the Africa-focused integrated electronic payments and commerce company, has partnered with Telkom Kenya to develop and deploy App solutions to enable their push towards integrated digital services in the revamped Telkom Kenya strategy.

Kenya is acknowledged as a leader in mobile payments solutions and high uptake of Digital Financial Services. There is also a growing uptake of Smartphones thus enabling rapid adoption of Mobile Banking and payment Apps. It is this growing market that Telkom is looking to tap into with its Digital Services.

Paul Mwaura Ndichu, the CEO of Interswitch East Africa (K) says, “The world is moving more towards mobile and Digital solutions and Kenya is no exception. It is estimated that by 2025, more people worldwide will have their first banking experience on the phone and in Kenya, we are working closely with our partners in the Technology and Financial Services sectors to enable development and roll-out of solutions to meet this growing demand’.

READ: Lessons from Kenya as fibre “land grab” gets underway

The solutions will hasten the speed at which Telkom Kenya customers are able to access services from their different financial providers. This ease in getting services will allow customers get all the convince at the palm of their hands.

Customers are now embracing technology more and more in all aspects of their lives and the mobile phone plays a key role in this revolution. We as Interswitch, are proud to partner with the different stakeholders in this market as they navigate the Fintech age,” said Mr Ndichu.

Business Today is the leading independent online business website in Kenya. Started in 2012 by a veteran business journalist, it has a huge following both in Kenya and abroad. It covers various business and related issues. Email editor at: editor@businesstoday.co.ke

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