Lipa Later, a Buy Now, Pay Later (BNPL) FinTech company, has announced a new partnership with Mastercard, to promote Buy Now, Pay Later Solutions in African Markets.
Details
Lip Later will display a payment option that allows customers to access credit conveniently whilst purchasing commodities, electronics, and household items through affordable monthly installments.
This will be accomplished by making use of Mastercard’s broad merchant network, innovative payment mechanisms, advanced technological infrastructure, and other byproducts.
The new partnership will enable Lipa Later to utilise Mastercard’s technology to facilitate more payments with the best digital security.
By The Numbers
Lipa Later’s main operations are in Kenya, Nigeria, Rwanda, and Uganda, and has built a base of over 350,000 consumers and 35,000 merchants.
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