Kenyan fintech company SasaPay has unveiled “SasaPay 2.0,” an innovative upgrade of its digital payment platform offering customers a host of groundbreaking features and services that are poised to redefine the way Kenyans manage their finances.
One of the most notable features of SasaPay 2.0 is the ability for customers to earn interest on their transactions. This is a revolutionary step in the world of fintech, aligning financial activity with financial growth. Every transaction, no matter how small, will now have the potential to yield dividends for users.
According to Steve Kaguchia, CEO of SasaPay, SasaPay is committed to ensuring its users enjoy the lowest transaction costs in the industry. “With SasaPay 2.0, customers can engage in financial transactions without worrying about exorbitant fees, making it an attractive choice for individuals and businesses alike”, he said.
The platform’s automation capabilities will streamline financial processes. Users can effortlessly set up standing orders, automate payments, and enjoy the added security of an escrow service, simplifying financial management.
SasaPay 2.0 fosters financial inclusivity by enabling interoperability with banks and other digital wallets. This means users can seamlessly transfer funds between different financial institutions and platforms, promoting financial fluidity and convenience.
In a groundbreaking partnership with WapiPay, SasaPay 2.0 introduces the first-ever US Dollars Wallet by a fintech in Kenya. This feature opens up new avenues for international transactions and commerce, further solidifying Kenya’s position in the global financial market.
SasaPay 2.0 isn’t just about transactions. The platform also offers a wide range of financial services, including savings accounts, insurance products, and a streamlined loan facility. This all-in-one approach ensures that customers have access to the tools they need to secure their financial futures.
AI-Powered Customer Scoring for Lending:
In a remarkable integration of cutting-edge technology, SasaPay 2.0 employs artificial intelligence to conduct customer scoring before lending. This AI-driven approach ensures fair and efficient lending practices, opening up opportunities for individuals and businesses to access credit in a more inclusive and data-driven manner.
Mr Kaguchia, expressed his enthusiasm about this new development, stating, “SasaPay 2.0 represents a major leap forward in the world of digital finance. Our aim is to empower every Kenyan with the tools they need to achieve financial success. With this platform, we’re making financial growth, security, and convenience accessible to all, while also leveraging AI to make lending more accessible and equitable.”
As Kenya continues to assert its position as a fintech hub in Africa, SasaPay’s innovative approach with SasaPay 2.0 is set to play a pivotal role in shaping the future of finance in the country. SasaPay says users can now look forward to a more seamless, affordable, and data-driven financial experience.