pawaPay

pawaPay is a financial technology company that specializes in mobile money payments across Africa. The company provides a single API and dashboard that allows businesses to integrate mobile money services into their payment processes. This enables them to accept payments from and make payments to a large base of customers in multiple African countries.

The company's primary clients are businesses looking to expand their operations in Africa and need a reliable way to handle mobile money transactions. pawaPay operates in the B2B fintech market, specifically focusing on the payment aggregation sector. Its business model is based on charging a fee on top of the fees charged by the Mobile Money Operators (MMOs). This fee structure is transparent, with all MMO charges passed directly to the merchant.

pawaPay's platform is designed to be robust and secure, being ISO 27001 compliant and having insurance against key business risks. The service simplifies the complexity of dealing with multiple mobile money providers by offering a single point of integration. This helps businesses to reduce the risk of chargebacks and declined credit card transactions, which are common issues in many African markets.

The company is actively expanding its network and is live in several countries, including Lesotho and Burkina Faso, with connections to major mobile money operators like M-PESA, Orange, and Moov Africa. This extensive network provides businesses with access to over 218 million customers across the continent.

Keywords: mobile money, payment aggregator, Africa, fintech, B2B payments, API integration, payment processing, cross-border payments, financial inclusion, emerging markets