mVisa, Jambopay sign deal to ease merchant payments

Days after unveiling a platform that would see Kenyans send money without paying transaction charges, Visa has announced another strategic partnership with JamboPay that will enable 3,000 more merchants to accept mVisa payments.

Consumers will be able to use Visa’s mobile payment solution at leading restaurants and supermarkets, and to pay for amenities such as water, as well as key services offered by county governments under JamboPay.

They can pay merchants by scanning a QR code on a smart phone or by entering a merchant number into a feature phone. The payment is pushed directly from the consumer’s bank account into the merchant’s account and provides real-time notification to both parties.

“Visa’s partnership with JamboPay is key to the expansion of mVisa in Kenya, says Sunny Walia, General Manager, East Africa for Visa. Now, more consumers and merchants will experience the speed, convenience and security that mVisa brings when buying groceries, getting a coffee, paying their water bill or securing government services online.”

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“Each of JamboPay’s merchants will be issued with a QR code that customers can simply scan to make a payment directly from their bank at no transaction cost. Consumers can also make their payment using a USSD code giving them the ability to send money anywhere that mVisa is accepted across the globe,” he added.

Key Kenyan merchants that will now be able to accept mVisa payments through this partnership include Java, Nairobi Water, Nairobi County Government, MP Shah Hospital, Uchumi, Chandarana, Naivas and Kenya Buzz.

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