🔄 Kippa Transfers Agency Banking Product KippaPay to Bloc: Seamless Transition for Merchants 🌐💳
#fintech
Nigerian fintech Kippa has smoothly handed over the operations of its agency banking product, KippaPay, to Bloc, a rising Nigerian fintech venturing into banking services. Despite Kippa's initial shutdown in October due to increased costs, the move ensures continuity for merchants as KippaPay gets integrated into Bloc's GPay, offering a hassle-free transition for over 19,000 agents. 🚀💰
Key Points:
- Kippa's strategic decision to transfer KippaPay to Bloc ensures immediate support for merchants, addressing challenges posed by rising POS terminal costs.
- Bloc officially announces the restoration of full services on KippaPay's mobile app and Android terminal, assuring a seamless experience for users.
- The transition includes migrating all KippaPay agents to GPay, with ongoing efforts to engage and settle over 19,000 agents in the coming weeks. 🤝📲
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