{"id":10728,"date":"2022-02-08T10:31:57","date_gmt":"2022-02-08T10:31:57","guid":{"rendered":"https:\/\/www.africa-press.net\/rwanda\/all-news\/bank-of-kigali-dpo-partner-to-boost-lenders-online-merchants"},"modified":"2022-02-08T10:49:27","modified_gmt":"2022-02-08T10:49:27","slug":"bank-of-kigali-dpo-partner-to-boost-lenders-online-merchants","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/rwanda\/economy\/bank-of-kigali-dpo-partner-to-boost-lenders-online-merchants","title":{"rendered":"Bank of Kigali, DPO partner to boost lender\u2019s online merchants"},"content":{"rendered":"

Africa-Press – Rwanda. <\/strong><\/span>DPO Group, a leading African digital payments company, has announced its partnership with Bank of Kigali (BK) to on-board e-commerce merchants for the bank.<\/p>\n

The development is set to allow BK customers to access efficient e-commerce and payments services through DPO Group\u2019s robust platform.<\/p>\n

DPO Group currently works with over 60,000 active merchants, from 20 African countries.<\/p>\n

The group has also developed its own integrated payments technology to support businesses of all sizes across Africa to make and accept payments securely and swiftly with all currencies and payment methods including via mobile money.<\/p>\n

\u201cOur partnership with Bank of Kigali will unlock the rapidly expanding e-commerce market for local businesses and entrepreneurs in Rwanda, driving business growth across the country,\u201d Eran Feinstein, CEO of DPO Group noted in a statement.<\/p>\n

Our secure payment platform, Feinstein added, already allows vendors to make and receive payments risk-free across the continent.<\/p>\n

Joan Karenzi, DPO Country Manager for Rwanda, echoed similar sentiments, \u201cPartnerships such as this offer a brilliant opportunity to accelerate growth for entrepreneurs and banks across Africa, allowing them to use our payment technology to accept payment in the currency of their choice.\u201d<\/p>\n

Boost to BK\u2019s digital ambitions<\/b><\/p>\n

The move is also perceived as yet another sign in a series of attempts to boost BK\u2019s digital services as well as customer experience.<\/p>\n

Just recently the Bank migrated to a new core banking system in a bid to accelerate the lender\u2019s digital transformation ambitions.<\/p>\n

Caleb Gakunju, Head of Payments at Bank of Kigali pointed out, \u201cWe are delighted to partner with DPO Group, and feel the platform and technology is the perfect choice to take our e-Commerce offering to the next level.\u201d<\/p>\n

\u201cThe partnership comes as part of an effort to digitise all of the bank\u2019s services to help our customers\u2019 access digital products seamlessly and conveniently. DPO\u2019s knowledge and understanding of so many African markets means we are confident we\u2019ve chosen the right partner to take our digital presence and customer offering to the next level,\u201d Gakunju added.<\/p>\n

Reports estimate that across sub Saharan Africa, the potential size of the e-commerce market will grow to $180 billion by 2025 and over $700 billion by 2050.<\/p>\n

In Rwanda, the estimated e-commerce growth is from $0.52 billion in 2020 to $0.97 billion in 2025.<\/p>\n

For More News And Analysis About Rwanda<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Rwanda. DPO Group, a leading African digital payments company, has announced its partnership with Bank of Kigali (BK) to on-board e-commerce merchants for the bank. The development is set to allow BK customers to access efficient e-commerce and payments services through DPO Group\u2019s robust platform. DPO Group currently works with over 60,000 active […]<\/p>\n","protected":false},"author":84,"featured_media":10727,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,28],"tags":[760,763,758],"class_list":["post-10728","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-rwanda","tag-rwanda"],"yoast_head":"\nBank of Kigali, DPO partner to boost lender\u2019s online merchants - Rwanda<\/title>\n<meta name=\"description\" content=\"DPO Group, a leading African digital payments company, has announced its partnership with Bank of Kigali (BK) to on-boar ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/rwanda\/economy\/bank-of-kigali-dpo-partner-to-boost-lenders-online-merchants\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bank of Kigali, DPO partner to boost lender\u2019s online merchants\" \/>\n<meta property=\"og:description\" content=\"DPO Group, a leading African digital payments company, has announced its partnership with Bank of Kigali (BK) to on-boar ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/rwanda\/economy\/bank-of-kigali-dpo-partner-to-boost-lenders-online-merchants\" \/>\n<meta property=\"og:site_name\" content=\"Rwanda\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-08T10:31:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-08T10:49:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2022\/02\/img-62024aa114555.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"847\" \/>\n\t<meta property=\"og:image:height\" content=\"491\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/bank-of-kigali-dpo-partner-to-boost-lenders-online-merchants#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/bank-of-kigali-dpo-partner-to-boost-lenders-online-merchants\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Bank of Kigali, DPO partner to boost lender\u2019s online merchants\",\"datePublished\":\"2022-02-08T10:31:57+00:00\",\"dateModified\":\"2022-02-08T10:49:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/bank-of-kigali-dpo-partner-to-boost-lenders-online-merchants\"},\"wordCount\":399,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/bank-of-kigali-dpo-partner-to-boost-lenders-online-merchants#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2022\/02\/img-62024aa114555.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Rwanda\",\"Rwanda\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/rwanda\/economy\/bank-of-kigali-dpo-partner-to-boost-lenders-online-merchants#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/bank-of-kigali-dpo-partner-to-boost-lenders-online-merchants\",\"url\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/bank-of-kigali-dpo-partner-to-boost-lenders-online-merchants\",\"name\":\"Bank of Kigali, DPO partner to boost lender\u2019s online merchants - 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