Virtual Pay, a global payments technology provider, has officially launched its services in Kenya, making it the newest global payment gateway to enter the East Africa market.
During the launch held on Thursday in Nairobi, the company was also awarded the PCIDSS certification. PCIDSS is the Payment Card Industry Data Security Standard.
It is the global standard governed by the Payment Card Industry Security Standards Council (PCI SSC).
Speaking at event, the company’s CEO, David Morema promised to continue driving growth for businesses by “creating tomorrow’s technology, solutions and services to modernize payments.”
“We at Virtual Pay strive to be one of the world’s leading global payment technology companies. We have a best-in-class portfolio of payment solutions and are positioned to continue in our pursuit of excellence in providing cutting-edge payments solutions. Our promise it to continue to drive growth for businesses by creating tomorrow’s technology, solutions and services to modernize payments,” said Mr. Morema
The company is operating in a wide range of industries such as: Financial Services; Online Retail & Trading; Hospitality & Travel among others.
The company’s launch was attended by payment industry professionals including bankers, retailers, insurers and technology providers.
Also speaking during the event, the MD of Digital Jewels, Adedoyin Odunfa, who were the Qualified Security Assessors (QSAs) engaged, affirmed Virtual Pay’s commitment to aligning its technology and processes to the globally accepted payment security standards.
Dennis Njau, the Associate Director Payments at Equity Bank, affirmed the importance of synergies between the different players in the online payments processing space.
“The conversation into the future will be driven by all actors – acquiring banks such as Equity Bank, Fintechs such as Virtual Pay, among others,” said Njau.
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