DusuPay, a payments gateway for companies accepting payments from Africa, has today extended its operations to Rwanda. This they say is in a bid to become Africa's Largest payments solution for all global businesses looking to accept payments from Africa.
With this move, businesses in Rwanda can now accept payments from all over Africa as well as businesses from all over the world can accept payments and payout to businesses in Rwanda.
In a conversation with Ntende Kenneth, one of the co-founders of DusuPay, he confirmed that it is true they have expanded and looking forward to bridging the payments gap in Rwanda.
Kenneth says that they have "integrated with MTN mobile money. Now businesses in Uganda, across Africa and the world can accept payments from Rwandese from their MTN mobile money."
So far, according to Kenneth, DusuPay has "seen a lot of usage in the betting space with betting companies like Africabet.com, africabetnow.com, and hollywoodbets.com already actively using them to accept mobile money payments from Rwanda.
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These use them mainly "to accept mobile money payments from Rwanda", says Kenneth. After the integration of MTN mobile money, Kenneth also added that they are now looking to soon add other telecoms which will further solidify their position as market leader in how global businesses accept and make payments with Africa.
This is a very bold and necessary step. The majority of businesses in Africa looking to do business across borders have been subjected to painful and expensive payment modes.
If one doesn't use bank transfers, they're subjected to traditional means like the Western Union.
Lastly, Africa ranks lowest in intra-trade ranking. This part can be attributed to inefficiencies arising when transacting business across the borders.
With the emergence and expansion of platforms like DusuPay, we sure hope this to be tackled.