Latest news with #CrossSwitch
Yahoo
19-05-2025
- Business
- Yahoo
Cross Switch expands to Kenya with Pesawise tie-up
Payment solutions provider Cross Switch has expanded its African foothold with the introduction of its service in Kenya and alliance with a licenced local payment provider Pesawise. This collaboration utilises Pesawise's regulatory status to facilitate Cross Switch's launch in Kenya, aiming to provide payment solutions to businesses, merchants, and charitable organisations. It enables Kenyan merchants to access Cross Switch's global payments infrastructure, offering a variety of payment channels such as Visa, Mastercard, AmEx, mobile money, and bank platforms. The unified platform from Cross Switch is designed to streamline payment processing, reduce costs, and speed up transaction settlements for businesses. The company's services are already in use by merchants in various sectors across Africa and Latin America, including hospitality, e-commerce, delivery services, and cryptocurrency where regulations permit. Cross Switch CEO Tim Davis said: '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 democratise 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.' Cross Switch aims to deliver payment solutions along with fraud prevention, risk management, and effective reconciliation capabilities. Pesawise CEO Jamal Khan stated: '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.' "Cross Switch expands to Kenya with Pesawise tie-up " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Finextra
15-05-2025
- Business
- Finextra
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.
Zawya
15-05-2025
- Business
- Zawya
Cross Switch Bolsters African Footprint with Strategic Partnership with Pesawise, 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. 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. Businesses interested in simplifying their payment processes are invited to connect directly at to discover how Cross Switch's tailored solutions can drive their growth and operational efficiency. Distributed by APO Group on behalf of Cross Switch. Contact: South Africa: (+27) 21 205 5818 Luxembourg: (+352) 2088 1454 About Cross Switch: Cross Switch is a payments technology company founded in 2022, operating across emerging markets, with active operations in South Africa, Morocco, Ivory Coast and across Latin America. It provides flexible, secure and scalable solutions that support both local and cross-border transactions, helping merchants, fintechs and non-profits expand their reach and streamline their operations. Cross Switch is committed to driving financial inclusion and growth through collaboration, robust infrastructure, high service levels and a strong focus on emerging market needs. About Pesawise: Pesawise is a licensed payment service provider headquartered in Kenya. Pesawise offers robust, API and Platform-driven solutions for local collections, payouts, and virtual accounts. Trusted by leading enterprises and SMEs (such as Kuehne + Nagel and SeamlessHR), Pesawise is dedicated to reducing transaction costs, easing reconciliation challenges, and enhancing transparency for merchants, individuals, and digital ecosystems. Through deep market expertise, reliable infrastructure, Pesawise is shaping the future of digital commerce across Kenya.
Zawya
24-04-2025
- Business
- Zawya
Cross Switch Solidifies Market Position with New Payment Licence in South Africa
Cross Switch ( a leading provider of innovative payment solutions, has reached a significant milestone by securing its own Third-Party Payment Processor (TPPP) licence. The TPPP, issued by the Payments Association of South Africa (PASA) and sponsored by Absa, is a regulatory status that strengthens Cross Switch's position in the payments ecosystem. This achievement complements Cross Switch's recent certification as a Visa Payment Facilitator (PayFac). Cross Switch brings a highly flexible payment platform ( to South Africa, enabling business scalability and growth. The company can now independently onboard merchants, fintechs and charities, substantially enhancing its service offering and announcing itself as an essential player in the South African payments landscape. By obtaining an all-important TPPP licence, Cross Switch has reinforced its commitment to delivering quality, compliant and flexible payment solutions tailored specifically for South Africa's private and charitable sectors. Cross Switch's entry as a licensed provider brings an adaptable API that allows South African merchants to transact seamlessly on the African continent, including in key markets such as South Africa, Kenya, Morocco and Ivory Coast. For merchants looking to expand into Latin America, Cross Switch also offers Argentina, Brazil, Mexico and Chile — with new countries, both in Africa and in other emerging markets, to be announced very soon! 'This is a vital step in expanding our network and strengthening our presence across the continent,' said Mark Chirnside, CEO of Africa, Cross Switch. 'By enabling local merchants with multiple payment options, we're empowering African businesses with the tools to reach broader markets and unlock growth opportunities.' Cross Switch now enables South African businesses to confidently target rapid expansion and deeper market penetration through frictionless access to local and international payment methods via its flexible API (CS+). The single API empowers merchants to accept payments across Africa and LATAM, and accept the local payment methods. Cross Switch's immediate future in South Africa involves accelerating merchant onboarding. Contracts already signed represent a client base exceeding 1,000 merchants in South Africa. To complement over 1,000 merchants already using CS+ on the Continent. Securing this licensing is a significant step forward in the Cross Switch journey. The company strives to realise its vision of delivering modern payment solutions that meet the varied needs of merchants and non-profits. The company's highly flexible payment platform drives financial inclusion and business scalability. The company is also committed to expanding rapidly, enhancing its payment methods, and integrating advanced reconciliation engines — all underpinned by rigorous fraud prevention and risk management systems. 'Investing in South Africa is a strategic priority for Cross Switch,' said Tim Davis, Group CEO of Cross Switch. 'We're resourcing up locally to ensure we're ready to meet growing demand, and this licence and certification enable us to deliver world-class payment services that are both agile and scalable.' Cross Switch invites businesses interested in exploring robust and flexible payment solutions to connect directly at to learn how its tailored offerings can support and amplify their operational ambitions. Distributed by APO Group on behalf of Cross Switch. Contact South Africa: (+27) 21 205 5818 Luxembourg: (+352) 2088 1454 About Cross Switch: Cross Switch is a payments technology company founded in 2022, operating across emerging markets, with active operations in South Africa, Kenya, Morocco, Ivory Coast and across Latin America. It provides flexible, secure and scalable solutions that support both local and cross-border transactions, helping merchants, fintechs and non-profits expand their reach and streamline their operations. Cross Switch is committed to driving financial inclusion and growth through collaboration, robust infrastructure, high service levels and a strong focus on emerging market needs.
