Port Louis, April 28, 2023: Leading African payment gateway Peach Payments, and blink by Emtel have partnered to launch safe, instant and contactless payments for merchants and their customers in Mauritius as digital payments continue to witness manifold growth year on year.
Monthly Statistics released by the Bank of Mauritius indicate that the number of mobile banking and payment transactions grew from 3.36m in Jan 2022 to 4.99m, accounting for a rise of roughly 48 percent in January 2023. During that same time, the value of transactions grew from MUR6.8m to MUR11m, an increase of roughly 61 percent. For online businesses to capitalize on this staggering growth, it has become necessary to provide multiple payment methods through innovative channels.
blink by Emtel makes it possible for anyone with a local bank account and smartphone to transact seamlessly through one app. Chief Operating Officer at Peach Payments, Sandeep Chagger, said: “The partnership with blink by Emtel supports our continued efforts to improve digital payment adoption in the safest and easiest possible ways. Merchants in Mauritius have successfully started to accept online payments using blink and we are thrilled that this method of payment acceptance can help merchants of any size grow their business.”
Businesses offering blink by Emtel as a payment method in their online stores through Peach Payments can enjoy a range of benefits as digital payments continue to rapidly grow in Mauritius. These include:
– safe and secure access with real-time transactions,
– daily settlement of funds,
– instant notifications of payments received,
– eliminating the handling risk of cash, and
– low transaction fees.
For customers, the process is as simple as downloading the blink app from their app store, uploading the required documents and linking their bank accounts. Thereafter they are able to make online payments at any merchants that accept Blink by Emtel, via Peach Payments.
“The digital world is changing rapidly, and it is incumbent upon us to adapt and meet the needs of our customers,” says Kresh Goomany, CEO of Emtel. “This partnership with Peach Payments marks an important milestone in our efforts to provide innovative and high-value solutions to our customers. I strongly believe that contactless and instant payments will truly empower local digital businesses”.
“Adding blink by Emtel to the existing payment methods available through Peach Payments, such as credit and debit cards, is an exciting new avenue for businesses to broaden their means of payment acceptance and for customers to purchase safely and securely by linking any or multiple Mauritian bank accounts. The Mauritius Central Automated Switch [MauCas] initiative by the Bank of Mauritius has successfully democratized the instant payment ecosystem in Mauritius by connecting all payment operators, whether banks or fintechs. We are glad to be part of this open banking initiative via our partnership with Emtel,” says Chagger.
Peach Payments conduct online commerce and digital payments accessible to small and large merchants across the African continent. It works with businesses in Kenya, Mauritius and South Africa, providing a toolkit that enables them to accept, manage and make payments via mobile and the web.
blink by Emtel was launched in May 2022 where its current main services include person to person transfers, bank transfers, contactless merchant payments via e-Comm / scan & pay, bill payments & airtime recharges for Emtel numbers. Emtel MFS Co. Ltd. Is licensed by Bank of Mauritius. blink by Emtel is a service offered by Emtel MFS Co Ltd.
