CBK grants Virtual Pay International a PSP License to operate in Kenya
The Central Bank of Kenya (CBK) has licensed Virtual Pay International Limited a license to operate as a Payment Service Provider (PSP) in the country.
The company has a presence in Tanzania, Mauritius and the UAE where it offers its services across a range of industries. It has also partnered with business gents and merchants all over the world to help deliver simplified and faster international payment processes for clients.
The firm will now be able to carry out Payment Gateway Services in compliance with the National Payment System (NPS) Act, 2011, NPS Regulations 2014.