STEWARD BANK
access to data . All the transactions you can do on the mobile platform , you can also do on the USSD platform in Africa , which covers all the payments that you can do for schools , for utilities or just if you want to do peer to peer payments , which can also be completed through the Square app ,” Mambondiani adds .
PAYMENT REVOLUTION In order to remain aggressive within the development of its financial services , Steward Bank has also strenuously worked to overhaul its payments infrastructure .
The recent launch of its point of sales system , Kwenga , has seen Steward Bank provide payment capabilities to SMEs and roadside shops in order to address some of the country ’ s cash challenges and support local communities .
“ One of the things we identified was that most of the payments solutions around were for post machines , or when taking payment , situated largely within big retailers and merchants ,” observes Mambondiani .
“ We wanted to offer a solution straight to vendors to pay for selling tomatoes on the side of the road ,
246 April 2018