Kenya’s PesaPal is moving into the physical world with its first point-of-sale system

PesaPal, a Nairobi-based aggregator for online and mobile payments, is set to launch its own point-of-sale system (POS) to rival similar products from PayPal, Shopify and Square. Expected to be in place in a month, the point-of-sale system will enable business owners to accept payments more conveniently and help the firm tap into the growing usage of payment cards to ramp up its income.

PesaPal’s chief executive officer, Agosta Liko, who revealed the plan at the Quartz Africa Innovator...

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