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KCB Bank and GoSwiff roll out mobile payments in Rwanda

KCB Bank and GoSwiff, a global payment acceptance products provider, are rolling out a mobile point-of-sale service for Rwandan merchants that is intended to drive financial inclusion and digital payments in the country, accoiding to a press release from GoSwiff.

This launch follows an earlier roll out of a similar mPOS service in Kenya.

"It gives us great pleasure to introduce the mobile payment solution, mPOS, into the Rwandan market," said Maurice Toroitich, managing director of KCB Bank Rwanda. "This technology will enable seamless payments at both stationary and mobile locations which gives merchants the competitive advantage of dynamism. We are always aiming to provide financial solutions to our customers and with mPOS, payment of goods will be quick, secure and convenient. This initiative emphasizes KCB Bank’s ambition to digitize payment platforms. We hope this will lead to substantial growth in digital payments across Rwanda."

KCB Bank and GoSwiff did not provide any details about how the service will work.