SpacePointe increases merchants’ ROI with new POS application
While the point of sale (PoS) market across Africa has been largely focused on agency banking, card acceptance, wallets and other digital payment types, SpacePointe has partnered with payment providers to offer business management features that enable, empower and drive return on investment (ROI) for business owners.
SpacePointe, a global Fintech firm that focuses on the digital transformation of both the formal and informal sectors has empowered merchants to increase their return on investments with Ekikart for businesses.
Ekikart is a mobile PoS system with features that are designed specifically to help business owners manage and run their businesses, enable payment acceptance and provide visibility into the health of their business to maximise profit. It is very easy for businesses to grow with. There is a free version for businesses with features that enable them drive foot-traffic in store.
Head of Operation, Fidelis Nwaefuna, explaining the importance of EkiKart, said that a business needs more than card acceptance to thrive. “When you ask a merchant in Africa about a PoS terminal, it typically means card acceptance. In the western world, a POS means that they have a platform for all things business management that is somehow connected to an accounting management platform to bring their entire world together. SpacePointe is working hard to drive that kind of empowerment for businesses in Africa.”
Explaining the SpacePointe strategy, the Chief Operating Officer of the company, Osato Osayande, said “Africa is very important to us because, the opportunity to truly help business owners is greater by far.” He further said that the company is working to drive such an empowerment strategy for businesses in Africa.
While shedding light on the empowerment, he said it is not a “one-size-fits-all” market. For instance, owners of restaurants, bars and lounges might worry about customers’ tab and credit management and the ability to print orders to the bar or kitchen.