New payment system targets MSMEs with contactless solution

Elie Technologies Chief Commercial Officer Wesley Masinde (left) with Interswitch Kenya representative Ben Kinara during the signing of a partnership deal.

A new payment system targeting Micro, Small, and Medium Enterprises (MSMEs) in the country has been unveiled.

Interswitch East Africa and Elie Technologies recently launched Tumatap to help businesses use smartphones and feature phones as point-of-sale systems without needing additional hardware.