The leading payments group’s subsidiary, Direct Pay Ltd (DPO Group Kenya). has been issued its license following a thorough application process with the Kenyan regulator
Nairobi, Kenya 29 August 2022: Leading African digital payments provider DPO Group Kenya has received official approval from the Central Bank of Kenya to operate as a Payment Service Provider (PSP) in the country. The National Payment System Act requires all PSPs to undergo a rigorous license application process in order to provide payment services in Kenya.
Founded in Kenya, DPO Group has been operating successfully throughout Africa since 2006. The Group has worked closely with regulators across the continent to acquire new licenses and certifications as requirements have changed in each country to ensure secure and uninterrupted services for its merchants and partners.
DPO Group Chairman & co-founder Offer Gat comments: “We exist to help businesses of all sizes thrive by linking them with local, regional and global business opportunities. To do this, it’s essential we stay on top of evolving regulatory demands and ensure we comply with them. Our merchants expect quick and easy payments, and thanks to the support and help of regulators like the Central Bank of Kenya, we are able to comply with the local regulatory requirements which further validate the quality reliability and security of our payments service.”
DPO Group has developed integrated payments technology to support businesses of all sizes in over 20 countries and accepts payments securely and swiftly in all currencies and through many payment methods including cards, mobile money, bank transfers, USSD, and EFT. DPO Group’s extensive knowledge and local expertise means the business is trusted by global and local brands to manage their digital payments.
For more information, please visit dpogroup.com
Janet Ndugire, Gong Communications: E: [email protected]
About DPO Group
DPO Group is a leading African digital payments group operating in over 20 countries across the continent. DPO has developed the technology to enable businesses and individuals across the continent to make payments online and offline with all currencies and payment methods. DPO Group currently works with over 60,000 active merchants, including businesses in the eCommerce, and the travel and leisure sectors. The Group was founded in 2006 and since then it has grown to be a Pan-African PSP with more than 450 employees. In 2021, DPO was acquired by Network International, a leading enabler of digital commerce across the Middle East and Africa, in a landmark deal for the African payments landscape. By providing its merchants with the capacity to make and accept payments effortlessly, DPO Group aims to support financial inclusion and economic development on the continent. www.dpogroup.com
About Network International
Network International comprises a group of companies and is the leading enabler of digital commerce across the Middle East and Africa (MEA) region, providing a full suite of technology-enabled payments solutions to merchants and financial institutions of all types and sizes, including acquiring and processing services and a comprehensive ever-evolving range of value-added services.
Network International Holdings Plc (LSE: NETW) is the holding company for Network International and the group companies, including the DPO Group.