Accra, Ghana – 27 January 2022: DPO Group has partnered with Mastercard to enable thousands of businesses in Ghana to offer their customers greater choice and convenience by pivoting online and accepting digital payments.
Through the collaboration, DPO will leverage Mastercard’s digital payments technology to enable merchants to safely, seamlessly and securely accept a wide range of digital payment methods including mobile money and via e-wallets – both locally and from abroad – in the currency of their choice.
The collaboration will help small and medium enterprises (SMEs), which are critical to the growth of the economy, and international companies to process payments via a simple integration to a single platform, equipped with strong protection against online fraud and support for refunds, chargebacks and more. They will also have access to the DPO store, an e-commerce plug and play solution available in more than 20 countries in which DPO operates.
As part of the partnership, DPO and Mastercard will also provide training for Ghanaian firms and entrepreneurs on how to maximise business growth and manage risk with smart use of digital payments.
Eran Feinstein, CEO of DPO Group, said, “Ghana is an exciting market for digital payments and innovation, and we’re delighted to launch our advanced payment solutions to offer entrepreneurs smooth and secure payment services. We are grateful to our strategic partner Mastercard for their support. Together we look forward to supporting businesses as they grow and reach new customers.”
DPO’s Head of Business Development and Country Manager for Ghana, Manasseh Narh added: “We are thrilled to launch our partnership in Ghana. We know our products can support the ambition and growth goals of Ghanaian businesses of all sizes, and we look forward to partnering with them to offer secure payment technology in a rapidly growing digital payments marketplace.”
This collaboration plays a role in advancing Mastercard’s worldwide commitment to financial inclusion to bring a total of 1 billion people, and 50 million micro and small businesses into the digital economy by 2025.
“We recognise the overwhelming pressure that business owners are currently facing and are committed to supporting them as they adapt to meet ever evolving customer needs. This collaboration has the potential to empower every business with the tools they need to take their operations online and be more competitive in the ever expanding digital economy,” commented Bossman Kwapong, Country Director, Ghana, Mastercard.
E-Commerce has seen significant growth in Ghana in recent years, with the value of digital transactions increasing by 120% between February 2020 and February 2021. The adoption and use of Mobile Money has been central to this growth, and DPO’s payments platform supports this payment method alongside traditional currencies and payment methods.
DPO Group was acquired by Network International in 2021 in a landmark deal for the African payments space. It continues to operate under the same brand in existing territories, and will be launching a new comprehensive payment solution, ‘DPO Pay’ for businesses across Africa and other territories.
For more information, please visit dpogroup.com/online-payments/ghana/
Notes to Editors:
About DPO Group
DPO Group is a leading African digital payments company 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 100,000 merchants, including businesses in the eCommerce and the travel and leisure sectors. The company was founded in 2006 and since then it has grown to be a pan-African PSP with more than 400 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 of a group of companies and is a 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 is the holding company for Network International and the group companies.
(NYSE: MA), www.mastercard.com Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.