DPO Group has acquired the South African payment service provider PayFast. PayFast was established in 2007 by Jonathan Smit and has become a household name in the payment facilitation process of online transactions. The deal will result in the integration of PayFast into DPO Group, allowing payment facilitation across 18 countries in Africa.
DPO Group (Direct Payments Online) is a Kenyan based online payment company that has become the biggest Pan-African payment service provider with expanded footprint in West Africa. The company was established in 2006 and offer solutions to e-commerce, airlines, insurance, hotels, restaurants, utility bill payments, schools and travel agents.