Online Payment platform

What is an online payment service provider (PSP) and how do these services help online businesses and retailers to enable and take payments? To start, a PSP offers online payment solutions that empower merchants and sellers to accept credit and debit card payments on multiple channels including phone and online store. In addition, PSPs also offer other services such as transaction reconciliation, fraud protection, and risk management.   Online PSPs are regulated which means you are assured of good service standards and consistent features from leading players in this market. However, it may be difficult to zero in one particular provider because no one really stands out among the crowd. To select a suitable PSP, you need to consider price and the standard features included in the service terms. PSP Features Established PSPs are likely to charge more. Make sure the PSPs in your shortlist offer the following standard features: Acceptance of payments from a wide range of card

Security is a vital element when it comes to browsing the internet.  If you are one of the several million  people who use online payments, providing sensitive information over the internet can leave you targeted by hackers looking to take advantage of your internet activity. Whether it’s about online safety, online payments or data clouds, the following tips will provide you with what you need to know to make sure you stay safe and secured on the internet: ONLINE PAYMENT SAFETY MEASURES Enter websites you are familiar with: Always shop using trusted websites instead of browsing on search engines. Search engine results can be misleading. Find the Lock symbol: If the website you are on does not have an SSL encryption, never purchase from it as your credit card information can be compromised. Never share unnecessary information: E-Commerce websites do not ask or need sensitive info such as your social security number for business reasons. Regularly check your statem

If you possess funds and wish to withdraw them to your bank account, take advantage of the Mambo Wallet payment system, which will help you to do this quickly and easily. Thanks to the service’s features you do not have to make any extra operations, and you can quickly withdraw money earned online. FEATURES OF REGISTRATION To use the Mambo Wallets Payments service you need to sign up for an account. The procedure is simple and takes a minimum of time. Make use of the prompts to pass all the steps required to register without any difficulty. To receive full access to your account you must send a scan of your passport to the support team. WITHDRAWING FUNDS TO A BANK ACCOUNT There are various ways to add funds to your Mambo Wallet electronic wallet: from an internal or wire transfer; from a bank card; from a mambo wallet; Thus when the funds have been credited to your account they can be transferred to your own bank account by: clicking on the “Transfer fundss” secti

Mambo Wallet's website is a straight-forward online payment platform making it as easy as possible for your customers to pay which is essential for increasing conversions and sales. The checkout page is critical. It’s the final stop for people shopping on your website. It’s the place where they hand over their credit card information and finally part with their hard-earned cash. Your checkout page is where window shoppers become  paying customers . If you’re serious about making it easier for your customers to pay and increasing sales for your business, you will want to have full control over the entire checkout process. Following, are  tips that Mambo Wallet has embraced: 1. It provides a Number of Payment Methods While it’s not necessary – nor practical for that matter – to offer every conceivable payment method available, you’ll want to  take a look at your target audience to see which payment methods they use . Then, you’ll be able to capture the major

ONLINE PAYMENTS: KENYAN CONTEXT With E-commerce, it automatically creates a perception that the transaction is mostly cashless with an occasional option of Cash on Delivery(COD) when requested. Websites such as Jumia and Kilimall entered the space as the pioneer nationwide e-commerce websites in Kenya. The reception has been great with Kenyans slowly taking up the concept of e-commerce. Other international companies have also entered the African market but realized that online payment is a long shot. An example is Uber who have an option of paying via credit card but it is rarely used. What is the problem herein? Don’t we have credit/debit cards? Is it a tedious process?  Is there fear of giving out personal Information? Are they expensive/Additional Charges?Jumia has been able to implement use of credit cards as a payment methods. This is a standard industry procedure for any business to be termed as an ‘e-commerce’ website. Other ventures continue to consider mobile money payme

From as far back as when cowrie shells were an accepted currency, payments and settlement for goods and services has had its challenges. Back then and even today, businesses preferred to deliver goods upon payment. In other instances, businesses will use invoicing and other accounts receivable methods to collect.  Technology and especially the growth in payments technologies has created new technologies for businesses and consumers to collect payments. One of these technologies is recurring payments. Think settling your electricity bill with KPLC, paying for internet to JTL, payments for pay TV to Zuku and DSTV. These are expenses to be settled after a given period and that are painfully annoying. Ideally, the user will log into their Mambo Wallet account, choose the bill (The customer will be able to pay all merchants who are on , the user then sets the period they want the payment made from a choice of daily, weekly, monthly and annually and then set the amount they want sen

So how do you make sure your bills are paid on time and on budget? Here are a few POINTERS: Come up with a budget: When the end of the month is approaching, draw up the next month's budget and include the monetary allocation for all your bills and due dates. Most billing agents  send reminders two to five days before the bill is due. Make note of it and add it to your budget. Don’t forget to add processing charges. Mobile money providers and bank apps charge a small fee to process your bill payment so note that down too. Pay them up all at once, same day, same time Where possible, pay all your bills on the same day. Sit down with a pen and paper or your excel sheet and pay them all at the same time. This ensures that you don’t forget to pay any of them only to have to pay up in the middle of the month when funds are a little low. Have reminders-  Where your billing agent doesn’t send reminders, or your due date falls on some obscure day in the middle of the month, it

Mambo Wallet is an integrated online payment system that makes it easy for anyone in the world to send or recieve payments - in stores, online or to anyone in the world with just an email address or mobile number. It works with any debit or credit card and every major mobile money transfer service to provide you with everything you need, in one place.

Never Miss A Sale Keep your business running 24/7 and stay in touch with your customers with features designed to meet your needs in the digital world. Our secure payment options give your customers the flexibility of choice. As a business owner, an online payment service gives your business the potential to grow your sales greatly. Your can receive payments from virtually any customer with an email account. Moreover, an online payments system will enable you to: Open your doors to more online spend – Proving consumers with payment options makes your products and service available to a broader client base therefore ensures that no one is locked out on the basis of payment. Track payments – The ease at which you can track payments made – over the phone and on the web – make it more convenient for you. You can manage all your transactions which are reconciled in one view, irrespective of which payment methods have been used. Reduce errors on cash handling – Not only

Everything you need to send and receive payments online. Mambo Wallet makes it easy to pay - in stores, online or to anyone in the world with your email or mobile number. It works with any debit or credit card, on every mobile carrier. We strive to offer the public secure online and mobile based payment experience from any channel of your choice covered with bank-level security measures that are put in place, and at no extra cost to you. We are committed to providing the service quality and value that our customers expect. Mambo Wallet will use its strategy, staff, and systems to provide each customer with a seamless three-part customer experience -- service product, service environment, and service delivery -- each part of which will meet or exceed our customers' expectations.