Friday
April 8
2016

Nomanini Integrates With M-Pesa for Merchant Cash-In

South Africa-based enterprise payments platform provider, Nomanini has announced it has integrated with M-Pesa in Mozambique, enabled via its local country partner, Mozambique Mobile Solutions (MMS). The move will allow merchants to use mobile money agents to top up their virtual vending accounts on Nomanini terminals.

Nomanini provides a proven technology platform to enable transactions in cash-based informal retail sectors in Africa, with its end-to-end solution designed for informal market environments.

Integration with Vodacom’s M-Pesa service in Mozambique allows merchants to deposit cash with M-Pesa agents in order to top-up their terminals. This new method of merchant cash-in is already implemented in the country with several thousand merchants.

“We see a strong convergence between what we do at Nomanini and the services offered by mobile money providers,” said Nomanini CEO, Vahid Monadjem. “Integrating with services such as M-Pesa helps make mobile money more accessible to consumers and offers merchants and enterprises in informal markets the opportunity to increase their margins and reduce their working capital requirements. With this integration in Mozambique, we have begun that journey.”

Source: BiztechAfrica (link opens in a new window)

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Tags
financial inclusion, mobile money