Top Fintech Apps Revolutionizing Business payments in Kenya.

The Kenyan financial technology (fintech) industry has seen an enormous increase over the past 10 years. As digital payments, mobile banking and AI-driven financial applications gain stature, companies are turning to fintech applications to automate processes and increase profitability. Since small businesses and existing organizations begin to consider mobile payment applications and online banking services to streamline their business operations, Kenyan business owners can resort to the opportunities of this technology.

This article discusses the best fintech apps that transform business payments in Kenya, their usefulness, and how businesspersons can use them to save time and money.

1. M-Pesa for Business

Considering fintech in Kenya, the first one to discuss is the M-Pesa Business. M-Pesa is owned by Safaricom and it has enabled companies to receive and send money in a new way. With the help of **Lipa Na M-Pesa business can get a payment immediately offered by the customers, monitor the transactions in real time, and even access the business analytics of **M-Pesa Business Till and Paybill analytics.

Key features:

• Mobile money payments in real-time.
• Business till management dashboard.
• QuickBooks accounting integration.
• Instant statements and transaction reports.

2. Flutterwave

One of the most successful payment gateway businesses has been the creation of Flutterwave, which has now become one of the most prominent African payment gateways allowing companies to receive cards, mobile money, and bank transfer payments worldwide. Flutterwave can allow Kenyan entrepreneurs to accept online payments via custom checkout pages and even integrate it with Shopify, WordPress or WooCommerce stores.

The reasons why businesses choose Flutterwave are as follows:

International currency receipts.

• Accepts more than one currency.
• International currency receipts.
• Simple connection with e-commerce websites.
• Competitive rates of transactions.
• Kenyan online accept card payments.

3. Pesapal

Pesapal provides easy and safe online payment and offline payment services to online and offline companies. It accepts Visa, MasterCard, American Express, and M-Pesa, which is why it is perfect to Kenyan SMEs and freelancers. Pesapal also offers invoicing, management booking and school fees payment tools.

Key advantages:

• Safe online transactions
• Multiple payment options
• Integration with e-commerce platforms.
• Detailed reporting of transactions.

4. DPO Group

DPO Pay (previously Direct Pay Online) is a reliable and verified fintech service that provides convenient and safe online payment transactions to businesses in Kenya and the rest of Africa. It is used in industries and industries like hospitality industry, travel industry and e-commerce where it provides easy set up and acceptance of international payments.

Features:

• Accept PayPal, MasterCard and Visa.
• Checkout possibilities made mobile friendly.
• Recurring bills and payment management.

5. Tingg by Cellulant

Cellulant is a product developer that developed the product, Tingg, which is an all-in-one digital payment system for businesses and customers. Tingg allows companies to accept payments in various ways including but not limited to, through banks, mobile money and cards, all with just a single API integration.

Why Tingg stands out:

• Support of multi-channel payments.
• Simple API integration to developers.
• Reconciliation of transaction in real time.
• Major enterprises and SMEs use it.

6. iPay Kenya

Another strong competitor is the – iPay- which is a fintech payment gateway with the capability to grant Kenyan businesses with the opportunity to accept payments through M-Pesa, Airtel Money, Visa, MasterCard and Equitel. It particularly enjoys popularity among online stores and service providers who want to have fast and reliable payment methods.

Features:

• Allows various forms of payment.
• Real time update of transactions.
• Low transaction charges.
• E-commerce integration.

7. Equity Bank’s EazzyPay

EazzyPay by Equity Bank is changing the Kenyan digital payments in business. Through the platform, the merchants have a chance to get the money in the bank account via mobile wallets or QR codes payment in Kenya. It is safe, effective and it suits businesses that are retail and services-based.

Features:

• QR code payments.
• Direct-to-bank transfers.
• Affordable charges.
• Works across all networks.

Why Businesses in Kenya embrace Fintech Apps.

Fintech applications have ceased to be tools, but are now business enablers. They assist Kenyan business people:

• Reduce cash handling risks
• Automate accounts of transactions.
• Enhance customer convenience.
• Tap international payment systems.
• Spend less time in instant settlements.

As the interest in the Kenyan digital transformation grows, the need to implement fintech in the operation of businesses is not an option but a brilliant idea.

Conclusion

Business payments in Kenya are going to be digital. Fintech innovations are making payment experiences in places like M-Pesa Business to Flutterwave, Pesapal and Tingg faster, safer and more transparent. You are either an SME, freelancer, or large firm, the appropriate fintech payment application in Kenya can enable your business to grow and expand in the new economy.