SmartPesa Scales Up with Mastercard Start Path

Singapore – SmartPesa, a leading provider of payment and agency banking solutions is announcing its acceptance into Mastercard’s award winning startup engagement program Start Path, a program aimed at later stage scaling startups.

SmartPesa is driving change in merchant payment acceptance through SoftPOS, a range of POS hardware and a proven and intelligent payment gateway. Connecting to all major payment hosts and Mastercard’s MPGS, the SmartPesa system allows acquirers to quickly deploy multi-channel acceptance solutions both online and offline; and to provide their enterprise customers the ability to embed payments into their workflows using a range of API integrations.

Merchants use a simple unified mobile application to accept secure card, cardless, QR and cash payments. This intuitive app also provides a real time multi-channel payment history, taking away the guesswork and painstaking reconciliations so common today; while also serving as a valuable financial record against which merchants can borrow.

“After sourcing the best and brightest later stage startups from across the globe, we’re thrilled to welcome SmartPesa to the Start Path ecosystem of innovators,” said Amy Neale, Senior Vice President, Start Path & Fintech, Mastercard. “The diversity in our Start Path program proves how quickly the pace of innovation is happening and together we are building the future of commerce.”

“We are proud and honoured to be admitted into the Mastercard Start Path programme and to continue to develop innovative solutions with Mastercard for acquirers and merchants across the globe. Streamlining and simplifying payments for businesses, both large and small, is core to our mission to drive financial inclusion and to do our part to empower businesses and customers to fulfil their dreams,” said Barry Levett, Founder & Chairman of SmartPesa.

For more information, visit smartpesa.com and the Mastercard Start Path website www.startpath.com.