EnovePay provides PCI/DSS certified payment processing solutions supporting mobile money, credit cards, and local methods across 13+ countries in Africa and Latin America. The platform offers instant settlement, advanced fraud protection, and simple APIs for rapid integration into existing systems. Businesses benefit from comprehensive analytics and bank-level security for cost-effective, seamless cross-border transactions.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses operating in Africa and Latin America face challenges in managing payments across diverse channels and regions due to varying regulations and payment preferences. Integrating multiple payment solutions for POS systems, e-commerce platforms, and global payouts can be complex and costly.
Solution
Enovepay offers a unified payment gateway designed to streamline transaction management for businesses expanding across Africa and Latin America. The platform supports a comprehensive suite of payment solutions, including local payment collection, instant payouts, e-commerce plugins, and a white-label payment gateway. Enovepay's PCI/DSS-compliant gateway facilitates secure global collections and payouts, enabling businesses to process payments via mobile, bank transfer, or card processing. The platform also provides a cloud-based, eTIMS-compliant POS solution (available in Kenya) accessible through a web dashboard and mobile app. With Enovepay, merchants can access collected funds through settlement requests, typically completed within 24 hours, and transfer funds between collection and payout wallets.
Target Audience
Enovepay targets businesses, online merchants, payment service providers (PSPs), and banks operating in or expanding into Africa and Latin America, who require a unified, secure, and scalable payment solution.
Features
- Unified platform for managing payments across POS systems, e-commerce plugins, and global payouts
- Local payment collection via mobile/bank transfer and card processing in 33+ countries across Africa and Latin America
- Instant local and bulk payment processing for B2C transactions
- Cloud-based, eTIMS-compliant POS solution (Kenya only) with web dashboard and mobile app access
- White-label payment gateway for payment service providers and banks
- E-commerce plugins for seamless integration with Shopify, Magento, and WooCommerce
- Real-time transaction updates and notifications via API
- Multi-currency payout wallet for pre-funding and managing payouts
- Robust security measures, including PCI/DSS compliance and AI-powered fraud prevention (Enove.A.I)
- Comprehensive API documentation and developer resources for easy integration