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Software Group and Bluecode Africa team up to bring innovation in payments across Africa

Software Group and Bluecode Africa team up to bring innovation in payments across Africa
Software Group and Bluecode Africa team up to bring innovation in payments across Africa

Software Group, a global technology company with African headquarters in Kenya, and Bluecode Africa, a mobile payment solution provider, team up to bring innovation in the payment services across Africa.

Bluecode is a domestic payment scheme linked to international settlement using mobile payments, independent of the legacy plastic cards. It provides a payment solution on any phone, with the key focus on driving financial inclusion with a payment solution designed for emerging markets.

The solution helps SMEs and micro-enterprises grow their business without needing POS terminals and makes their business more bankable. Other advantages are that no personal data about the customer is transferred; it stays with the bank or funding source. It is not stored on any device, neither by Bluecode, nor on the customer’s phone, providing a simple and safe transaction journey. The solution is available for smartphones and feature phone payments either online or offline.

Bluecode carries deep domain knowledge in the payment services industry. Combined with the vast expertise of Software Group in digitalisation and integration solutions, both partners will enable banks to drive effective financial inclusion strategies and be far more efficient and competitive within the African market.

Software Group

Software Group is a global technology company specialized in digitalization and integration solutions for institutions that provide financial services. Founded in 2009 and headquartered in Sofia, Bulgaria, it currently serves a worldwide client base in more than 70 countries from 9 regional offices located in Australia, Bulgaria, Egypt, Ghana, India, Kenya, Mexico, the Philippines and the USA. Some of Software Group’s customers are organizations such as Bill & Melinda Gates Foundation, MasterCard & MasterCard Foundation, International Finance Corporation (IFC), World Bank, Asia Development Bank, 7 of the 10 biggest Microfinance networks, Asia Confederation of Credit Unions (ACCU), Allianz Bank Bulgaria, Atlantic Bank, Bank South Pacific, Commercial International Bank Egypt, and others.

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