Network International, a leading provider of payment solutions, has made a significant move into the Kenyan market with the launch of a range of in-person payment solutions. This strategic expansion aims to boost commerce and cater to the growing demand for digital payment options.

Judy Waruiru, Network’s Regional Managing Director for Acquiring in East Africa, highlighted the company’s commitment to expanding its footprint in the Kenyan market.

“Our goal is to improve accessibility for merchants and ensure inclusivity for customers,” she stated. “By offering a wider range of payment solutions, we aim to increase business opportunities and revenue for merchants.”

Point-of-Sale (POS) Systems with QR Code Payments

The new POS systems introduced by Network International feature QR code payment options, offering merchants a convenient and efficient way to accept payments from customers. These devices are designed to be user-friendly and easily integrated into existing business operations.

Benefits of Network’s In-Store Payment Solutions

Network’s in-store payment solutions offer a range of benefits, including:

• Increased Convenience: Customers can make payments quickly and easily using various methods, such as cards, mobile wallets, and QR codes.
• Enhanced Security: Network’s solutions prioritise data security and fraud prevention to protect both merchants and customers.

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• Scalability: Businesses of all sizes can benefit from Network’s flexible and scalable solutions.
• Cost-Effective: Network offers competitive pricing and tailored packages to meet the specific needs of merchants.

Free POS Systems for Merchants

One of the most attractive aspects of Network International’s offer is that merchants can obtain these new POS systems at no cost. This initiative is intended to make digital payments accessible to businesses of all sizes, regardless of their financial resources.

By eliminating upfront costs, Network International is removing barriers to entry and encouraging more merchants to adopt modern payment technologies.

Addressing a Growing Market

According to the Central Bank of Kenya, there are currently just over 55,000 POS machines in Kenya, a sharp contrast to the 7.4 million Micro, Small, and Medium Enterprises (MSMEs) registered with the Kenya National Bureau of Statistics.

This gap presents a substantial opportunity for Network to offer innovative payment solutions that cater to the needs of Kenyan businesses and consumers.

Catering to Diverse payment Preferences

The QR code payment functionality built into these POS systems allows merchants to accommodate a wide range of customer preferences. Customers can use their mobile wallets, cards, or other payment methods to scan the QR code and complete their transactions. This flexibility is essential in today’s market, where consumers expect a variety of payment options.

Expanding Network International’s Presence

The launch of in-person payment solutions in Kenya marks a strategic expansion for Network International. While the company has been a prominent player in online payments, this move positions it to capture a larger share of the in-person payments market.

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By offering merchants a comprehensive suite of payment solutions, Network International is strengthening its position as a trusted partner in the Kenyan payments ecosystem.

Network International’s introduction of free POS systems with QR code payment options is a significant step forward for the Kenyan payments landscape.

By making digital payments more accessible to merchants and offering customers a wider range of payment choices, the company is contributing to the growth and development of the local economy.

Network’s innovative approach to payment solutions is set to have a significant impact on the Kenyan market. By offering affordable POS systems and promoting QR code payments, the company is empowering businesses and enhancing the overall payment experience for consumers.