ePaisa joins hand with First Alliance Bank to promote POS solutions in Africa

ePaisa, a point of sale (POS) solution provider in India, has entered into a partnership with First Alliance Bank (Z) Ltd in Zambia, Africa, to provide mobile point of sale (mPOS) solution to small and medium enterprises and other businesses in the country.

ePaisa will be the solution provider for First Alliance Bank, which will further provide it to businesses across Zambia, the company said in a statement.

This partnership comes as the first global expansion for ePaisa where the company will help First Alliance Bank to digitalise POS and payment services within Zambia. As most of the country’s businesses operate traditionally, this partnership would positively impact the growth and economy of Zambia.

The prime focus of the partnership for First Alliance Bank (FAB) is to empower all businesses with the POS solution in various industries across Zambia starting with the much-required contactless payment feature.

Amid the pandemic situation, the partnership comes as significant news for both the companies. The commercial bank would benefit as it brings in awareness towards digitalising payments in Zambia with the smart mPOS as a co-branded solution.

“It is truly a commendable and well-timed beginning for both the companies amidst this surreal period of pandemic and lockdown,” Naveen Khanna Vice President of ePaisa said.