Paga Group, one of Africa’s largest mobile payments providers, is partnering with US-based contactless payment provider LISNR, to bring ultrasonic authentication as it expands its recently launched merchant solution, Doroki, across Africa. Paga’s use of ultrasonic authentication will deliver an alternative contactless method to its 33,000 merchants and 19 million users in Africa.
This is a major milestone for LISNR as the move is the company’s first major partnership in the Africa fintech space. LISNR’s technology will be activated across Paga’s ecosystem, which will allow consumers to pay merchants and send money to each other.
“Paga is the household name for Fintechs in all of Nigeria and is one of the market leaders in all of Africa. We believe our contactless & secure proximity solution will enable a seamless authentication process across it’s growing user & merchant database. With our easy to implement solution and our proven savings for merchants, we’re well positioned to help Paga in their goal of scaling to 120,000 merchants in two years,” said LISNR’s CEO Eric Allen.
“We are excited to incorporate LISNR into the Paga and Doroki Apps. We are leveraging their technology for both person to business and person to person payments. This is exciting because people can now pay at a till without being very close to the cashier. It also enables us to offer more interesting non payment use cases for merchants and consumers. Our partnership with LISNR will give us a strong advantage in attaining our goal of 120,000 merchants in the next two years by offering yet another easy, contactless, and seamless way to make payments and drive loyalty with their customers,” said Paga Group’s CEO Tayo Oviosu.
Over the past year, LISNR has expanded its global reach by partnering with several major companies in other countries. This includes a partnership with India-based commuter bus company Shuttl as well as an integration with EU-based commuter bus service BusUp.