How to send and receive cross-border payments with Klasha Business
With e-commerce users in Africa expected to surpass half a billion by 2025 and showing a steady 17% compound annual growth rate (CAGR), global attention is currently on Africa.
Various research, such as a report by the International Trade Administration, has shown that the continent is rapidly moving towards total economic growth due to the high numbers of African buyers.
Population surge, increase in mobile e-commerce, fast urbanisation, mobile penetration, and adoption of new technologies, among others, are significant contributors to why local and international merchants are positioning their businesses in the continent and extending their reach.
As a merchant that wants to sell seamlessly in Africa’s biggest consumer markets, you need the right technology to launch your local or international business to the vast digital audience on the continent.
Klasha Business is a simplified solution that helps merchants sell in and from Africa, receive payments in local African currencies, send large payments overseas, and manage their business from a multi-purpose dashboard.
With Klasha Business, you get access to the following features:
KlashaCheckout: Sell in Africa with our highly responsive gateway that allows you to receive payments in African currencies and money methods from your customers. KlashaCheckout integrates with different platforms, such as WooCommerce, OpenCart, and Squarespace, to mention a few. Integrating is easy and stress-free, and you can start accepting payments in 5 minutes as integration is easy and carried out by our engineering team.
KlashaWire: Wiring large funds from Africa has been seamless for African merchants. KlashaWire helps merchants in Africa wire funds to their business partners and suppliers in China, India, the USA, the UK, Turkey, and over 120 other countries using African currencies and methods, and they receive the equivalent payout in USD, CNY, EUR, GBP, INR, and other G7 currencies. All KlashaWire payments are secure and settled in 1-4 working days.
Klasha Payment Links: Merchants with no website can still accept payments in African currencies from their customers. Klasha Payment Links are customised links that you can easily create from your Klasha Business Account and share and delete for your business without any technical assistance. You can share these links on WhatsApp, Instagram, and other platforms.
With unlimited capabilities, Klasha Business has all you need to reach your customers in Africa or make payments from Africa across the globe. However, with a large consumption base in Africa, all businesses in the continent must step up their game and improve how their customers interact with the business. Send us an email if you want to know more about Klasha Business.