Ukheshe, Africa’s leading digital fintech platform provider announced it has entered into an agreement to acquire Oltio
Oltio developed the digital payments platform that supports Masterpass, Mastercard’s QR payment service in South Africa
Enables people to safely pay for a wide variety of purchases with their bank card by scanning a QR code with their mobile phone
Ukheshe has an established partnership with Mastercard, as it is a participant in Mastercard’s Accelerate programme
The programme offers an access point to tap into Mastercard’s technology, data, expertise, and a global network of corporates
The deal also set to strengthen Ukheshe’s existing partnership with Mastercard, combining its ability to solve local market pain points
