Electronic Payments in
Governments & Beyond
UNIFIED e-PAYMNTS GATEWAY
JamboPay © 2015
Governments & Beyond
Danson Muchemi
About Jambopay
Over Ksh 25 b transacted in 2015. e-Wallet subscribers: Over 700,000
Geographical Footprint: 4 countries Over 6 years in operation
Jambopay is an innovative payments service provider. Offering payment solutions to the private sector, local governments and other government authorities
2400 merchants in operation
Our Ecosystem
Merchants Channels
Individuals Corporates
Wallet holders
Mobile Application
USSD
Web Portal
Agency Network
About Jambopay Cont…
• Mbao is a mobile based pension scheme. Members Contribute $0.2 daily.
• Total amount processed: 22,344,941 since January 2010 • Total contributions: 707,939
• Total members: 69,737
• NHIF EPay is a Mobile, Web & Agency National Health Insurance Contribution Service.
• Processed over Ksh 12.5 billion since October 2014 Notable merchants
• EjijiPAY is a Mobile, Web & Agency Tax Payment Service for Nairobi City • Ksh 10.3 billion processed since June 2014
• After one year, adoption been significant with 31% of all payments to the county made through electronic channels
• Revenues increased by 30% over the same period
Segment Adoption Growth % Growth Value
Single Business Permits
85% 17.8% 266.5 Million
Seasonal Parking 85% 29.0% 821.3 million
Parking penalties 70% 42.8% 9.8 million
JamboPay Agents +
AGENCY NETWORK
Government & Payments
Platform Services Numbers 2015
Ecitizen NTSA, Lands, Immigration, Business Registry Ksh 3.15 Billion (todate)
Huduma Cs 12,000 people /day
Single Window Trade
Others(Judiciary etc)
JamboPay Governments(Kenya,Uganda,Tanzania),Private
Recent Trends in e-Payments
The state of Kenya
• Payments made using plastic cards dipped by 18.2% to Ksh. 1.1 trillion in past 11 months to November 2015
• Mobile phone-based payments are eating into commercial banks business
Card Transactions MobileTransactions
18.2%
10.5%
2014 2015 2014 2015
Ksh 1.4 trillion
*Transacted eleven months to November 2014
Ksh 1.3 trillion Ksh 1.9 trillion Ksh 2.8 Trillion
10.5%
• There are an estimated 17,015 point of sale (PoS) devices and 13.9 million cardholders, translating to one PoS device per 2,350 customers
• In perspective, these are over 121,000 agents serving M-Pesa, MobiKash, Airtel Money, yuCash, Orange Money and Tangaza with 24.9 million subscribers. This translates to 1 agent per 206 customers
The Future of e-Payments
The future of digital financial services delivery and its adoption is affected by the following factors;
Accessibility;
Services to be offered through existing or readily available channels
Ease of Use
Products and solutions designed for easy use
Product Relevance;
Financial products to be tailored to the target market segments
Government regulation;
Giving confidence to consumers and investors
Social Financial Networks
Digital Services that are aligned to existing social Financial Networks have easier adoption
Cost of Technology
Affordable costs to both consumers and merchants
Future of e-Payments Cont…
Mobile money and mobile payments have generally been successful in Latin America, parts of Middle East and Africa.
However, the market is still relatively unexploited; in sub-Saharan Africa more than 80 percent of adults have made bill payments or remittances with cash
Existing mobile money infrastructure and new technologies such as NFC put mobile strongly place to steer the future of e-payments
What’s Next
Deeper financial inclusion making payments, especially mobile accessible
Deeper financial inclusion making payments, especially mobile accessible
Regulators in many markets are paving the way for e-money and the entry of nonbank operators
Development of business models and systems for electronic remittances—both domestic and international; money systems will operate within the boundaries of a single country
Established payment networks such as Visa and MasterCard integrating with mobile network operators to provide mobile payment solutions in emerging markets;
• This is already true for Latin America where MasterCard has signed extensive agreements with Telefonica
Future of e-Payments Cont…
* Mobile, at least in Africa, is poised to power the future of electronic payments
Future of e-Payments Cont…
JAMBOPAY - Headquarter
View Park Towers, 12th Floor
Nairobi , REPUBLIC OF KENYA P.O. Box 15478 - 00100 Tel: +254 20 20 48 217 Fax: +254 20 22 24 237 [email protected]
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JAMBOPAY – Uganda Kalamu House
Kira Road, Plot No. 1B
C/O P.O. Box 24544 Kampala [email protected]
JAMBOPAY – Tanzania
Off-Kinondoni Road, Mwindu Lane Street Plot 17, Block 186030 Ada Estate
P.O. BOX 7518, Dar es Salaam REPUBLIC OF TANZANIIA Tanzania [email protected]
JamboPay © 2015
