PayGate Limited - Nairobi, Kenya

Paygate Kenya is a payment processing firm that specializes in offering banks, corporations, and SME organizations a range of products to enable them to receive payments and to minimize losses due to fraud. CEO Dick Arudo is optimistic about the current state of the e-commerce market in East African countries, remarking that “The time is right to provide local Kenyan businesses with a solid and reliable e-commerce payment system.” The number and quality of inquiries Paygate Kenya has received has exceeded expectations, with businesses eagerly awaiting an affordable local payment system of international caliber. Paygate Kenya is currently helping large merchants, including two airlines, to establish banking facilities and to launch online booking and payment services.