Virtual Pay is the newest global payment gateway to enter the East Africa market. The company launched its services recently at the Serena Hotel. It was also awarded the PCIDSS certification during the event. PCIDSS is the Payment Card Industry Data Security Standard. It is the global standard governed by the Payment Card Industry Security Standards Council (PCI SSC).
Speaking about Virtual Pay, the company’s CEO, David Morema, was at hand to say, “We at Virtual Pay strive to be one of the world’s leading global payment technology companies. We have a best-in-class portfolio of payment solutions and are positioned to continue in our pursuit of excellence in providing cutting-edge payments solutions. Our promise it to continue to drive growth for businesses by creating tomorrow’s technology, solutions and services to modernize payments.’
The company is operating in a wide range of industries such as: Financial Services; Online Retail & Trading; Hospitality & Travel among others. The company’s launch was attended by payment industry professionals like bankers, retailers, insurers and technology providers.
Also speaking during the event, the MD of Digital Jewels, Adedoyin Odunfa, who were the Qualified Security Assessors (QSAs) engaged, affirmed Virtual Pay’s commitment to aligning it technology and processes to the globally accepted payment security standards.”
Dennis Njau, the Associate Director Payments at Equity Bank also spoke at the launch. He affirmed the importance of synergies between the different players in the online payments processing space. The conversation into the future will be driven by all actors – acquiring banks such as Equity Bank, Fintechs such as Virtual Pay, among others.
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