Money Q Fintech solutions to launch digital wallet and money transfer services in Africa

The KrosPayz platform offers secure real-time transaction processing services. KrosPayz offers domestic and international fees, bill payment services, cash transfer services, airtime top-up services and a QR code payment system. The launch of KrosPayz is expected to revolutionize the digital payment landscape in Africa and improve the user experience. KrosPayz aims to become the leading digital payment provider in Africa.

Money Q Fintech Solutions has made a significant announcement with the launch of its digital wallet and money transfer services in Africa under the KrosPayz brand name. The digital wallet is designed to provide secure real-time transaction processing services, enabling online payment for transactions and value-added services at the point of sale.

KrosPayz is a multi-service platform for Africa’s banked and unbanked populations. The company has implemented a system that gives its customers various input and payment channels to carry out their financial transactions quickly. By offering a platform that facilitates domestic and international payments, KrosPayz brings ease of use to its users.

Amit Shrimali, Founder and CEO of Money Q, said: “Our mission is to be the leading digital payment provider across African markets. We aim to enhance and add convenience to the digital experience by facilitating national and international payments via KrosPayz.”

The digital wallet service can authorize and authenticate payments and facilitate the settlement of funds between financial institutions, merchants and customers. KrosPayz also offers cash transfer services for local and international transactions, enabling wallet-to-wallet or wallet-to-bank transfers.

In addition, KrosPayz has included bill payment services for domestic and international bills, such as water, electricity, insurance and others. Customers can also buy goods, withdraw cash from the nearest agent or transfer money to their bank account. The platform also offers domestic and international charging time services.

One feature that makes KrosPayz stand out is the QR code payment system. Customers can make payments by scanning a QR code, which is particularly beneficial for merchants who can receive payments quickly and easily from customers without the need for cash or cards.

The launch of KrosPayz is likely to revolutionize the digital payment landscape in Africa, making it easier for people to shop safely and securely from their mobile devices. As digital payments become increasingly popular in Africa, KrosPayz is well positioned to become the region’s leading digital payment provider.

Money Q Fintech Solutions has demonstrated its commitment to providing innovative solutions in the financial technology industry. By launching KrosPayz, the company has set a standard for digital payment services in Africa and is ready to take on the challenges in the market. The company expects to deliver a high-quality service that will meet its customers’ needs, and contribute to the economy’s growth.

About the team

KrosPayz, the newly launched digital wallet and money transfer provider in Africa, is backed by a strong team of professionals.

The team consists of founder and CEO Amit Shrimali, who founded other companies. COO Douglas Musumbu has over 18 years of experience from the financial markets. Project manager Moses Nyamwera, an experienced full-stack developer. Senior Developer Abel Noel M’dala has over three years of experience developing high-performance applications. Junior Developer Kingston Malisawo, a web application development expert and compliance and risk advisor Nilesh, has worked with several banks and financial institutions for over 25 years. IT Advisor Akshay, with 17 years of IT experience, and Legal Advisor Harsh Shah, who has been an in-house legal advisor for over nine years and has been involved in obtaining money transaction licenses for several countries.

Media contact
Company name: KrosPayz
Contact person: Amit Shrimali
Email: Send email
Country: United Arab Emirates
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