Kenyan electronic payment firm JamboPay has won a Google innovation award for financial services.
The five-year-old company provides a payment service that integrates mobile money and payment card technology. It has a customer base of 600 businesses locally and has expanded to the Tanzanian, Senegalese and Dutch markets.
Development of e-commerce in Kenya has faced various challenges, including the lack of reliable payment systems. JamboPay won because of its innovative approach to
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