Connect with us

    Hi, what are you looking for?

    News

    Cellulant Affirms Commitment to Accelerate Digitization of Payments Across Africa

    Cellulant, a leading Pan-African payments company, unveils its new brand identity and affirms its commitment to partner with global, regional and local businesses to accelerate Payments’ digitisation across Africa.

    Over the last couple of years, Cellulant has evolved to become more than just a business but an idea and belief that Africa should build Africa’s future.

    “Refreshing our brand identity is both an acknowledgement of a new chapter as a business but also an affirmation that our mission and commitment to Africa still stands. Cellulant continues to be shaped by a belief that the success of people and businesses in Africa is the foundation of transforming the continent.

    “This belief has seen us scale across multiple countries, evolve and innovate around the solutions we offer to the market and build a great digital payments ecosystem serving millions of Africa,” states Divine Muragijimana, Cellulant’s Head of Brand.

    Cellulant believes that solving for the payments sector is not a novelty in Africa. Digital payments pose the most significant opportunity to bringing fundamental transformation for African economies at large.

    Only 38% of Africa’s 1.2 Billion population will have a bank account by 2022, and cash still commands 90% of all transactions in Sub-Saharan Africa.

    However, due to the Covid-19 pandemic, there is a shift towards digital payments driven by businesses’ need to stabilize their revenues and increased preference by consumers to use contactless payment solutions.

    To respond to the emerging need for cashless payments, Cellulant is accelerating digital payments adoption by connecting digital money capabilities with the need for businesses to receive broader payment options and offer sophisticated payments experiences to their consumers.

    “Over the years, we have learned that it is no longer a question whether digital payments will become ubiquitous across Africa but rather, how fast we can accelerate the adoption of local payment options.

    “Therefore, by unifying the payment experiences for both businesses and their consumers, we can unlock hundreds of millions of consumers and allow them to transact digitally in their local context.

    “We do this by removing layers of complexity to an already complex financial system- simplifying the way people pay and get paid,” said Akshay Grover, Cellulant’s acting Group CEO.

    Cellulant has partnerships with global payments service provider such as Adyen, PayU and Smart2Pay; powers payments for global and regional businesses in several sectors such as Emirates, KLM, Ethiopia Airlines, Kenya Airways, Microsoft, Deezer, Bolt, Jumia, Kikuu, Glovo, Simbisa, Multichoice; and thousands of local businesses across Africa.

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    Politics

    Osun State Governor Ademola Adeleke has filed a ₦2 billion suit against the Economic and Financial Crimes Commission (EFCC) over the commission’s decision to...

    Opinion

    An FCT High Court in Abuja has restrained the Imo State Government, security agencies and the chairmen of Ideato North and Ideato South Local...

    E-health

    The Kwara State Government has ordered the immediate supply of the preferred oxygen cylinder sizes to the Children’s Specialist Hospital, Centre Igboro, Ilorin, following...

    News

    Seventy-five less-privileged residents of Nasarawa North Senatorial District have received a total of ₦18.75 million in business grants to improve their livelihoods and support...