Pawapay provides a unified API and dashboard for businesses to accept and disburse mobile money payments across 19 African countries. This platform simplifies cross-border commerce by offering a single integration point, eliminating chargeback risk, and enabling flexible currency settlements.
Funding
$9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Businesses seeking to expand into African markets face fragmentation in payment processing due to the prevalence of mobile money across various countries and operators. Integrating with each mobile money operator (MMO) individually is complex and time-consuming, hindering efficient digital commerce operations.
Solution
Pawapay offers a unified API and dashboard that aggregates mobile money payment acceptance and disbursement capabilities across 19 African countries. This platform simplifies market entry by providing a single point of integration for businesses to manage collections and payouts. It eliminates chargeback risk inherent in traditional payment methods by leveraging the security of mobile money transactions. Businesses can also benefit from flexible settlement options, choosing to receive funds in local or global currencies according to their operational needs.
Target Audience
The primary target audience includes e-commerce platforms, fintech companies, and businesses with a significant customer base or operational presence in Sub-Saharan Africa that require efficient mobile money payment processing.
Features
- Single API integration for cross-border mobile money collections and disbursements across 19 African markets.
- Centralized dashboard for real-time transaction monitoring, reporting, and wallet balance management.
- Zero chargeback risk on mobile money transactions, ensuring payment finality.
- Flexible settlement options in local or global currencies, with scheduled or on-demand processing.
- Batch disbursement functionality for efficient distribution of funds to multiple recipients.
- Pre-built, low-code payment page for rapid integration into checkout flows.
- Sandbox environment for comprehensive testing of API integrations.
- ISO 27001 and OWASP ASVS compliance for robust security and data protection.
- Advanced user role and country-specific permission controls within the dashboard.