The coronavirus pandemic forced an acceleration of digital transformation projects in Africa. Almost every sector is now caught in the digitalization fever with startups coming into the picture to solve the population’s pain points. SingPay is one of the solutions developed to solve problems, financial notably.

SingPay is a digital platform developed by business consulting firm SING SA, founded in 2018 and managed by Yannick Ebibie (photo) ever since. The platform allows firms to easily collect payments.  

“SingPay aims to facilitate the integration of payment means to digital solutions in our growing ecosystem by reducing barriers to entry, notably for early-stage ventures and public projects,” SING SA explains on its website. 

The digital solution allows startups and firms offering services or selling products online to collect payments from users, even those without conventional payment systems like bank cards. By integrating SingPay into their digital platforms, users can collect payments via mobile money, bank cards, etc…  

SingPay collects no fee from its clients when the volume of overall transactions processed is still below XAF25 million (about US$40,000). Beyond that threshold, it collects 2.5% per transaction for private ventures and 1.5% per transaction for public ventures. Every year, SING SA. reviews the status of every one of its clients via its programming interface. 

Thanks to SingPay, SING SA has been selected among the 300 start-ups that will contest to become the Top45 awardees of the first edition of the AfricaTech Awards. 

Adoni Conrad Quenum