As the festive season approaches, Little has introduced a new player to the lucrative point-of-sale (PoS) terminal market—Little Pay PoS. This innovative solution allows merchants across Kenya to accept online, card, and mobile money payments, catering to the rising demand for cashless transactions.
The mobile PoS payment market has seen exponential growth, fueled by the increasing penetration of smartphones and tablets for personal and business use, widespread adoption of cloud-based technology, and the booming popularity of e-commerce and online shopping. By 2023, the global mobile PoS market exceeded USD 103.83 billion, highlighting its massive potential.
Flexible and Convenient Payment Options
Kelvin Munga, Head of Business Development Merchant Acquiring and Payments at Little, emphasized the system’s ability to meet Kenya’s growing preference for cashless transactions. “Little Pay PoS taps into Kenya’s cashless economy, supporting settlements in both Kenya Shillings and US Dollars, as well as mobile money options like Airtel Money, M-Pesa, and Pesalink, ensuring flexibility and convenience for users,” he said.
The solution is designed to cater to businesses of all sizes, prioritizing speed, ease, and reliability. “Whether you’re a small retailer or a large enterprise, our solution ensures that your payment process is fast, convenient, and secure,” Munga added.
Advanced Features for Modern Businesses
Little Pay PoS offers robust features to support merchants, including:
- Compliance with Security Standards: Ensuring all transactions are secure and trustworthy.
- Real-Time Data Access: An online portal provides real-time data downloads and customizable reports tailored to business needs.
- Multi-User Functionality: Merchants can set up multiple users on a single platform, giving visibility into cashier activities even while on the move.
These features provide businesses with greater control over their operations and enable seamless integration into their workflows.
Integrated Ecosystem with Little
By leveraging its transportation platform, Little also connects merchants with customers, simplifying the delivery of goods and services. This hustle-free approach enhances the overall merchant experience, making Little Pay PoS a competitive choice.
Market Competition
Little Pay PoS enters a competitive market, contending with established players such as DPO Payments, PesaPal PoS, JamboPay, KopoKopo, Flutterwave, iPay, Cellulant, Jenga, and the recently launched Network. However, its unique features and integration with Little’s broader ecosystem position it as a strong contender.
