Tech startup, Paystack has disclosed that it partnered with Google to aid over 500,000 Small and Medium-sized enterprises (SMEs) in Nigeria, Kenya and South Africa.
This was revealed via its Twitter handle.
Shola Akinlade, Founder of the company, stated that the partnership would enable the reliability of their work, “which would guarantee that all businesses paid via Paystack are thoroughly checked for legitimacy and credibility.
“In a low-trust environment like Nigeria, where many people are paying online for the first time, it’s important to deliver a safe, fraud-free experience, and this is a responsibility that Paystack takes extremely seriously.”
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⚡️ Hi team, we partnered with our friends at @Google to help over 500,000 SMEs in Nigeria, Kenya, and South Africa restart, recover and digitise their businesses with new tools, financial support, and training.
Get started here 👇🏾 https://t.co/0fdVl4ZUBp
— Paystack (@paystack) October 28, 2020
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Why it matters: Paystack’s partnership with Google is to help SMEs to grow and digitise their businesses with new tools, financial support, and training. This would also help business communities in Nigeria, Kenya, and South Africa to rapidly grow.
What you should know: Google is an American multinational technology company that specializes in internet-related services and products.
Nairametrics reported that the company had a partnership with Truecaller in 2018 to aid in the facilitation of online payments across Africa. The deal states that Paystack will use Truecaller’s database of verified phone numbers to authenticate payments for transactions executed on its platform.
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