UnionPay International (UPI) has joined forces with Interswitch East Africa (Kenya) to accelerate payment digitalisation across Africa.

The latest agreement consolidates UPI’s existing partnership with Interswitch in West Africa and is aimed at boosting acceptance of its cards in Africa.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

As per the agreement, Interswitch will act as a third-party service provider (TPSP) for UnionPay International in East Africa.

The agreement will facilitate UnionPay card acceptance across ATMs, points-of-sale, QR payments and online payments.

Interswitch East Africa country general manager for Kenya Romana Rajput said: “UPI and Interswitch East Africa (Kenya) Limited share a mission to provide convenient and secure payment solutions across Africa, and this partnership continues our work to broaden acceptance to cardholders transacting across the region.

“I look forward to working with the UPI team and am excited for the opportunities this new agreement presents.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Interswitch Group founder and CEO Mitchell Elegbe said that the new licensing agreement reinforced Interswitch’s focus on achieving broad acceptance.

“We are delighted to expand our existing partnership with UPI, this time to East Africa. The region presents great opportunity following significant transformation in recent years with the rapidly increasing adoption of digital technologies,” Elegbeadded.

Luping Zhang, general manager of UnionPay International Africa Branch, said: “We are committed to promote high-quality digital payments in Africa. Together with Interswitch, we present a powerful solution allowing African businesses to better integrate into the global marketplace.”