The new online payment tool will enable companies to send and receive payments via an online payment page which users can set up themselves. In addition, the payment tool will be free of charge. However, the company has revealed plans to introduce premium versions of this service and charge money for it.
Currently, the online payment tool is being used by WooCommerce, a South African internet company and US nonprofit group B Lab.
InspirePay is backed by several investors, including local venture capital firm Tiforp Business Ventures.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now