Kenya’s eCommerce market has made significant strides over the last few years. Several factors, including the country’s adoption of a digital economy blueprint, have boosted Kenya’s eCommerce market.
Increased internet penetration and smartphone usage have also played pivotal roles in online transactions, as more and more Kenyans are purchasing their products using mobile bank accounts.
Combine the government's ambition for universal 4G coverage alongside growing smartphone usage and you have the recipe for one of the fastest growing eCommerce markets on the continent.
Both B2B and B2C, are taking advantage of the growing market and establishing their business in Kenya.
Exploring Kenya’s Surging eCommerce Market
Marketplace Payout Challenges
Marketplaces draw customers and suppliers from around the world. This creates unique challenges including:
360-degree Payout Solutions for Marketplaces with one API
The landscape for Marketplaces is competitive. MassPays delivers a comprehensive, easy to deploy, easy to use payment orchestration solution that will scale with your business.
MassPay specializes in global payment solutions. We handle currency conversion and cross-border fees, so you can focus on your business.
Artificial intelligence and machine learning algorithms to identify and mitigate fraudulent activities in real-time.
Instant payout systems ensure sellers receive their funds promptly. Improve cash flow
and increase your seller satisfaction ratings.
Sellers without bank accounts? MassPay supports hundreds of locally preferred APMs so you can support the sellers your customers want.
Superior Fraud Prevention
MassPay offers robust fraud prevention tools and services, including machine learning algorithms, real-time transaction monitoring, and identity verification.
Regulatory Compliance Tools
MassPay delivers comprehensive tools and data to help Marketplaces remain
compliant with all applicable local regulations.
White label solutions and seamless, single API integrations deliver rapid deployments & integrations.
Say goodbye to manual errors.
Enjoy instant, precise global payouts.
Instant access to real-time reports and data gives you a complete view of your operations.
Single Pane Dashboard:
All of your payments operations are accessible from an easy to access, easy to use dashboard.
Payout Solutions DESIGNED
Supporting payouts in multiple currencies, facilitates cross-border transactions and global operations.
Cater to suppliers and sellers with mobile friendly payouts.
Direct bank transfers or Automated Clearing House (ACH) transfers are widely preferred by marketplace sellers.
Optimize operations, process high volume payouts simultaneously.
Real-time processing of payouts gives your sellers immediate access to funds.
PayPal, Venmo, Alipay, and other local wallets. MassPay has convenient options for sending funds.
The MassPay platform is simple and easy to use and there are a multitude of payout options our distributors can choose from when withdrawing their funds. If an issue does happen to arise the MassPay team is on top of it; they are one of the most responsive companies that we have done business with.
"Overall our experience has been great so far."