SinglePay Technologies logo

SinglePay Technologies

by SinglePay Technologies · Since N/A
No reviews yet
Active1+ countriesCloud
Quick facts
VendorSinglePay Technologies
Year launchedN/A
StatusActive
LocationNairobi & Mombasa, Kenya
Countries served1+
Languages1
Integrations
Free tier
Free trial
Contact salesYES

About SinglePay Technologies

SinglePay Technologies is a payment processing software/platform from SinglePay Technologies [designed to facilitate secure transactions]. It provides features such as transaction management, fraud detection, and reporting tools so businesses can efficiently process payments while minimizing risk. SinglePay Technologies supports multiple payment methods, ensuring flexibility for users and their customers. The platform is equipped with reliable security measures to protect sensitive financial data. Key capabilities: transaction management fraud detection reporting tools multi-currency support user-friendly interface Best for: businesses of all sizes that need a reliable solution for processing payments and managing financial transactions.

SinglePay Technologies is a Kenyan fintech solution designed to simplify daily financial transactions using just a mobile phone. The platform leverages QR code technology, allowing users to pay for a wide range of services, from grocery shopping and utility bills to online purchases and transportation bookings. Its intuitive interface makes it accessible for both individuals and businesses, ensuring that users can conduct transactions quickly and efficiently without needing complex setups or additional hardware. For businesses, SinglePay offers an easy way to receive payments through unique QR codes, which customers can scan to complete transactions instantly. This feature not only accelerates payment processing but also reduces reliance on cash, contributing to a more seamless and secure payment experience. The platform also supports peer-to-peer money transfers with minimal fees, and small loans of up to Kshs 30,000, adding financial flexibility for users who may need short-term credit. The company prides itself on being youth-led and technology-driven, aiming to make financial services more accessible to Kenyans.

Pros & Cons

What users like
  • +Simplifies payments by scanning a unique code at checkout.
  • +Offers a low 0.5% fee for sending money, making it affordable.
  • +Payments are processed immediately after the QR code is scanned.
  • +Allows payments and money transfers directly from mobile phones.
  • +Offers small loans up to Kshs 30,000 for financial support.
What users flag
  • Users without smartphones cannot access the platform.
  • Not all users are eligible for small loans, limiting access.
  • Only available on mobile, restricting access for non-smartphone users.
  • Payments are only possible via QR code, reducing flexibility.
  • The company is newer, with less recognition than larger platforms.

Features

Key features

QR Code Payments
Scan the seller's unique QR code to make instant payments at various locations.
Money Transfers
Send money to friends and family at a low 0.5% transaction fee.
Small Loans
Access small loans of up to Kshs 30,000 to meet urgent financial needs.
Instant Payment Receipts
Receive payments instantly by allowing customers to scan a unique QR code.
Mobile Payment Solutions
Use your phone to pay for services like groceries, online shopping, utility bills, and more.
User-Friendly Platform
Quick and easy interface for both businesses and individuals to manage transactions.

Additional features

QR Code Payments
Enables quick and easy payments by scanning unique QR codes at stores.
Money Transfers
Allows users to send money to friends and family at a 0.5% transaction fee.
Small Loans
Offers small loans up to Kshs 30,000 to meet personal or urgent financial needs.
Mobile Payments
Facilitates payments for online shopping, groceries, bills, transport, and more.
Instant Payment Receipts
Businesses receive payments instantly when customers scan their QR code.
User-Friendly Interface
Simple and easy-to-use platform that caters to both businesses and individuals.
Business Payment Solutions
Provides businesses with unique QR codes to accept payments from customers.
Flexible Financial Services
Offers various payment and money transfer services for both individuals and businesses.
Youth-Led Technology
The platform is developed by passionate young people with a focus on local financial solutions.
Affordable Transaction Fees
Money transfers are available at a low 0.5% fee, making it budget-friendly for users.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

1
Countries served
1
Interface languages
1
Billing currencies

Available in

Kenya

Interface languages

English

Billing currencies

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