Equitel, a money management platform and subsidiary of Kenya’s Equity Bank, has launched the Jenga Payment Gateway API. The API provides programmatic access between telcos, mobile wallets, card associations, governments, credit bureaus, and banks. Between such entities, users can send and receive money, check balances and statements, open accounts and more. Businesses can utilize the API for payments, charges, collections, and more.
The gateway allows customers to pay in the way they want. The gateway allows for currencies from across 180+ countries, via mobile money, credit, debit and more. The connection between all parties involved in the movement of money allows Jenga to meet all parties’ needs.
Take a look at the API Explorer to understand the flexibility and the scalability of solutions built with the API. POST methods include create bill and receive payment options. GET methods include payment queries and bill queries. Jenga has provided a number of guides to get developers started.
The API is currently available and a number of companies have already integrated into their systems. Equity Bank is the second largest Kenyan bank. With it’s integration capacity through the APIs, it gains access to most of the African fintech space, and it expects its market share to increase accordingly.