Cross-border payment just got easier as Interswitch and Paynet merge

by Tunji Andrews Kenya’s multi-institutional payments provider, Paynet Group has agreed to merge with Interswitch Transnational Holding to create the biggest payment infrastructure and ensure an easier cross-border payment delivery service across the East and West African region. The deal will see Interswitch acquire majority shareholdings of Paynet while shareholders of the Kenyan financial service... Read More