A business payment solution provider for local and global enterprises in Africa, BudPay, has reiterated its commitment to connecting African businesses to global opportunities.
Announcing the development in a statement on Wednesday, the company explained that its payment infrastructure, which was uniquely designed to cater to the constantly evolving needs of the African markets, has been instrumental in enabling corporates, small and medium enterprises, and startups to accept payments in 100-plus countries.
It added that its new solution, BudPay Business, is designed to cater to the payment requirements of businesses seeking to expand their reach beyond local markets.
“As e-commerce and digital trade continue to expand rapidly, the demand for robust and inclusive payment solutions has significantly increased.
“BudPay has respectfully but quietly seized this opportunity, securing licenses, system and security certifications, and strategic partnerships with leading providers, enabling businesses to participate in the global economy,” the statement read in part.
Speaking on the company’s achievements, the Chief Executive Officer of BudPay, Wale Hassan, said, “We are humbled and at the same time proud to have earned the trust of over 20,000 businesses across three markets in the last two years.”
According to Hassan, while the payment industry is already quite robust, BudPay identified a distinctive opportunity to redefine the global payments landscape for African businesses.
“The astounding feedback from our merchants on the business impact of integrating BudPay into their payment systems has been very validating. Despite these milestones, we remain relentless. Our mission is to power global trade and drive economic growth beyond borders,” he stated.
He added that BudPay business boasts a suite of unique solutions that streamline payment processes and enhance business efficiency.
“These include invoicing and payment links, which allow businesses to generate and share digital invoices and secure URLs for customers to make payments online without needing a dedicated e-commerce website.
“The platform also offers a versatile payment gateway/checkout modal with various payment options, including cards, bank transfers, USSD, and mobile money. Additionally, BudPay Business provides team collaboration features enabling businesses to add team members to delegate payment operations effortlessly,” he explained.
He noted that the company was committed to global best practices for the security and compliance of its infrastructure.
“The company is licensed by the Central Bank of Nigeria and certified by other recognised financial, payment security, and data regulatory bodies at both national and global levels.
“This has enabled BudPay to earn the trust of its customers, who value the platform’s reliability and security. With its robust measures and partnerships, BudPay has demonstrated readiness to empower African enterprises to thrive in both local & international markets,” he concluded.
BudPay is a payment infrastructure company.