Intrepid Data Systems - a homegrown IT design firm today announced the launch of its new real time online mobile money solution - iPay. The innovative and easy-to-use product incorporates the popular M-Pesa and Zap modes of money transfer to enable customers to buy and sell goods and services across Africa via their mobile phones.
iPay is designed and targeted to online merchants to enable them receive payments through an alternative means other than the traditional method of credit cards. While any business can use the product to receive payments, it’s the businesses that deliver their product in a digital format such as music stores, online book stored, publishers, video libraries, consultancies, donor-supported organisations, and premium content providers that will benefit the most from this new platform.
Speaking about the new product, Philip Nyamwaya, Business Development Manager at Intrepid said, “We designed iPay to offer our clientele a simple, easy-to-use online payment platform at a price that they can afford.”
Some of the advantages of using iPay include ability to track payments using existing shopping cart software (Joomla, Virtuemart), ease of account opening and order management, as well as creation of printable receipts and orders for better record keeping.
Managing Director of Intrepid, Mr. Steve Nyumba said, “Today, more than 15 million Kenyans who own mobile phones have instant access to mobile-based tools, our big idea was to package MPESA and ZAP – the two most popular money transfer systems into an online transaction processing system that would allow online merchants, service providers, not-for-profit organisations, branding agencies and consulting companies to receive real-time payments off a secure platform that serves this region and beyond.”
“With the advent of fibre optic technology in Kenya, and the reduction in Internet access bandwidth tariffs, we see greater awareness towards the power of the Internet to transform the way business is done in (and with) Kenya,” concluded Mr. Nyamwaya.
Intrepid Data Systems is a dynamic enterprise productivity and creative digital branding firm whose mission is to provide affordable, accessible, enterprise and web-based solutions to small, medium and large businesses across Africa and beyond. Intrepid’s key service areas include developing and reselling tried and tested systems, (for instance corporate Intranet platforms, business continuity planning, website development, web hosting, online marketing, and web site maintenance).
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