Cross Switch goes live in Kenya
Cross Switch, a provider of class-leading payment solutions, has strengthened its African presence by officially launching services in Kenya and partnering with licensed local payment provider Pesawise.
0
This collaboration makes the most of Pesawise's solid regulatory standing and trusted reputation, allowing Cross Switch to establish it's footprint and, together with Pesawise, immediately deliver robust payment solutions to businesses, merchants, and charitable organizations throughout Kenya.
Cross Switch brings to the partnership a highly scalable global payments infrastructure, allowing merchants simple and frictionless acceptance across multiple payment channels, including Visa, Mastercard, AmEx, mobile money and bank platforms.
Through Cross Switch's unified platform, businesses can now take advantage of simplified payment processing, significantly reduced costs, and faster transaction settlements.
The Cross Switch solution is tailored to support businesses of every shape and size, driving financial inclusion while at the same time empowering social impact organisations.
Numerous merchants across multiple sectors, including hospitality, e-commerce and delivery services and crypto (in approved markets) are already using Cross Switch's innovative solutions on the African Continent and across Latin America. The confidence the Kenyan market has already shown in Cross Switch has already shown immediate effect in Kenya with the with Pesawise partnership.
Cross Switch has a powerful track record of success, and it relies on Pesawise, a nimble locally licensed payment provider with a young and dynamic management team, to contribute meaningfully to Cross Switch's growth ambitions and customer-focused philosophy.
Cross Switch's CEO, Tim Davis, remarked 'During the establishment phase of this partnership it is refreshing to see a shared common set of values with Pesawise, to provide our customers with best-in-class service levels and straightforward solutions. And a common mission to democratize technology and drive social impact across Africa. With their exceptional team and proven ability to provide relevant value-added services, we believe Pesawise will excel in the fast-moving fintech space.'
Pesawise, a fully regulated and authorised Payment Service Provider, is in good standing with the Central Bank of Kenya, ensuring rigorous compliance and secure handling of merchant funds in trusted Tier-1 banks.
Jamal Khan, Pesawise's CEO said, 'We're thrilled to take this next step in our journey with Cross Switch as our technology partner. Their deep knowledge and robust technology solutions will enable us to provide innovative solutions tailored to the needs of emerging markets. Together, we aim to strengthen the digital payments ecosystem in Kenya. We've already secured key wins together—including supporting merchants like Glovo Kenya—through a combination of Cross Switch's expertise and our dedicated local team.'
As it has done in all markets, Cross Switch is committed to delivering advanced payment solutions backed by exceptional fraud prevention, risk management, and efficient reconciliation capabilities, further strengthening its value proposition in an evolving financial landscape.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Telegraph
2 days ago
- Telegraph
Trump has shown up Britain's border weakness
Donald Trump's decision to ban travel for citizens of 12 countries and restrict travel from another seven will undoubtedly result in uproar and legal challenges. The idea of restricting the travel of an individual based on their country of origin, rather than their personal characteristics, is anathema to the liberal world-view, and rhetorically uncomfortable for an individualist Right. That does not mean it is without merit. A person's country of origin – the culture they were brought up in, and the economic opportunities available to them on return – can be highly informative about their propensity to overstay visas, the fiscal contribution of their household contingent on their income, and many other factors that a sensible immigration system should consider. In several cases, it is hard to take significant dispute with the logic of Trump's decision. Indeed, there is much for Britain to learn from it. It was reported earlier this year that the Home Office was examining plans to restrict visa applications from countries prone to overstaying and asylum claims. This project should be carried out and expanded. The Government has access to a wealth of information on the outcomes of migrants in Britain. If it turns out that for a given visa route, migrants from one country routinely impose higher costs to the state than migrants from another – through lower spousal workforce participation, higher birth rates, or a lower attachment to employment – then this should be reflected in the salary and income thresholds set for their visa applications. Equally, restrictions on applications from countries which sponsor terrorism or which lack a 'competent or cooperative central authority' to provide sufficiently reliable background information for citizens attempting to leave are entirely sensible. Britain should mimic this, and should consider too the merits of restricting visa access for countries which refuse to cooperate in enabling the return of their citizens. It is a grim note that part of Mr Trump's explicit motivation is avoiding repeating in America 'what happened in Europe'. If our migration system is becoming a cautionary tale in other political systems, our politicians should be willing to change it.
Economist
2 days ago
- Economist
Africa's cynical master of power politics
For the moment there is not much to see in Bugesera, a district replete with verdant bush 45km south of Kigali, Rwanda's capital. But it is the site of what Paul Kagame, the president of the central African country of 14m people, views as a legacy project. If all goes to plan there will soon be an airport complex, financed largely by Qatar, that he hopes will aid the transformation of Rwanda from, in 1994, the blood-drenched scene of a genocide to an African emirate—a hub for commerce and a draw for tourists keen to snap the gorillas that lurk in the country's mountains. Mr Kagame, a fan of Formula One, wants to host what would be Africa's only circuit.
Reuters
2 days ago
- Reuters
Trump administration plans $1,000 fee to fast-track tourist visas -memo
June 4 (Reuters) - The Trump administration is considering a $1,000 fee for tourists and other non-immigrant visa applicants seeking an expedited interview appointment though government lawyers have raised legal red flags over the plan, according to a U.S. official and an internal State Department memo. Individuals entering the U.S. on tourist and other non-immigrant visas already pay a $185 processing fee. The new $1,000 option the U.S. is considering would be a premium service that allows some people to jump to the front of the line for visa interviews. The program could arrive in pilot form as soon as December, the memo reviewed by Reuters said. The proposed fee for visa appointments, which has not been previously reported, comes alongside President Donald Trump's vision of a 'gold card' that would sell U.S. citizenship for $5 million, granting faster access to those willing to pay. But the State Department's legal team said there was a 'high risk' it would be rejected by the White House budget office or struck down in U.S. courts, the memo said. Setting a fee above the cost to provide the service "is contrary to settled Supreme Court precedent," the memo said. A State Department spokesperson said the department does not comment on internal documents and communications. "The department's scheduling of non-immigrant visa interview appointments is dynamic and we are continually working to improve our operations worldwide," the spokesperson said. Since taking office on Jan. 20, Trump has aggressively cracked down on immigration, including revoking some student visas and increasing scrutiny of all visa applicants. The State Department issued 10.4 million non-immigrant visas in fiscal year 2023, including 5.9 million tourist visas, according to the agency's most recent annual report, opens new tab. International travel spending in the United States is expected to decline about 7% in 2025 as opposition to Trump's policies and a strong dollar prompt foreign visitors to opt for other destinations, the World Travel and Tourism Council said in May.
