Digital payment company OMOA Group arrives in Togo

Friday, 13 May 2022 14:53
Digital payment company OMOA Group arrives in Togo

(Togo First) - OMOA Group, a company specialized in digital payment, officially started operations in Togo on May 12, 2022. The group’s subsidiary, Operator Payment System, will contribute to Togo becoming an innovative service hub for digital skills and a reference in Africa.

OMOA will take steps to boost financial inclusion and bridging the gap between people and banks. It has committed to “foster inclusive economic growth by enabling consumers to carry out all their monetary transactions safely, across all supports, anywhere in Africa.”

The firm explained its decision to expand to Togo by the arrival of major African financial entities, and the country’s national policy which spurs the growth of digital payment and activities.

OMOA group is well-known as a technology hub and the only private processing and card center in sub-Saharan Africa for more than 20 years. Its arrival in Togo will surely lead to more competition in the fintech market, a market where firms like SEMOA and Cinetpay already operate. 

 Esaïe Edoh

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