In today's interconnected world, small and medium enterprises (SMEs) in Kenya have an unprecedented opportunity to expand their horizons and tap into international markets. However, one major hurdle that often stands in the way is efficient cross-border payment solutions.

Traditional methods of cross-border payments are not only time-consuming but also expensive, with hefty transfer fees and lengthy processing times. This can make it challenging for SMEs to compete on a global scale, especially when compared to larger corporations with more resources.

According to the World Bank, the average cost of remittances to sub-Saharan Africa is 8.5%, which significantly eats into profits and slows down growth for SMEs. This high cost also impacts consumers in Kenya, who are often forced to bear the brunt of these fees.

Enter Lipabiz Technologies Ltd. We offer a comprehensive business management platform that includes a payments platform designed specifically for Kenyan SMEs. Our cross-border payment solution revolutionizes the way businesses operate, enabling seamless transactions across borders at competitive rates.

For instance, consider a small Kenyan export business dealing with international buyers. With Lipabiz, they can receive payments in real-time, reducing the waiting period and allowing for quicker cash flow management. Moreover, our platform supports multiple currencies, eliminating the need for complex currency conversions.

In addition to streamlining cross-border transactions, Lipabiz also provides robust security features. We understand that SMEs often handle sensitive financial data, and ensuring this information is protected is paramount. Our platform uses advanced encryption technology to safeguard your business from potential cyber threats.

To take advantage of our cross-border payment solution, simply sign up for a Lipabiz account today. Start exploring new markets with confidence, knowing that you have a reliable and efficient payments partner supporting your growth journey.