Average Ratings 1 Rating
Average Ratings 2 Ratings
Description
M-PESA stands out as the leading mobile money service in Africa and ranks as the continent's foremost fintech platform. Its widespread use as a payment method is favored by both individuals with bank accounts and those without, thanks to its high level of security and unmatched ease of use. The service caters to millions of people who possess mobile phones yet lack traditional banking access or have limited banking options. Currently, M-PESA serves over 51 million customers in seven African nations, offering them a reliable, secure, and affordable means to send and receive funds, recharge airtime, settle bills, receive salaries, access short-term loans, among other functions. To start using the service, customers visit authorized agents, typically small mobile phone kiosks or various retailers, like barbershops and bakeries, where they can trade cash for electronic money. After registering, users can easily send money to family and friends across the nation, making financial transactions more accessible than ever. This innovative service continues to transform the financial landscape, enhancing the economic lives of its users significantly.
Description
Sila is an end-to-end payment platform that provides Banking-as-a-Service through a developer-friendly payment API that is scalable and allows for fast and secure money transfers.
Sila’s payment platform streamlines building and launching fintech apps and embedded payment products for financial products, fintech, crypto, and Web3.
Sila’s offerings include Virtual Accounts, Digital Wallets, KYC/KYB, and ACH payments APIs for software teams. Additional functionality is available through a network of pre-approved and pre-integrated partners (to different degrees). Sila was recognized as the Best Payments as a Service Platform by the 2022 Embedded Banking Awards of Tearsheet. Sila is headquartered in Portland, Oregon.
API Access
Has API
No
API Access
Has API
Yes
Integrations
1oT
Yes
Ethereum
No
Finicity
No
Flowcart
Yes
Jetpac
Yes
Lithic
No
MX
No
Maqetta
No
Mercury
No
MoonPay
No
Integrations
1oT
No
Ethereum
Yes
Finicity
Yes
Flowcart
No
Jetpac
No
Lithic
Yes
MX
Yes
Maqetta
Yes
Mercury
Yes
MoonPay
Yes
Pricing Details
Free
Free Trial
No
Free Version
Yes
Pricing Details
Ask sales
Free Trial
No
Free Version
Yes
Deployment
Web-Based
No
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Vodafone
Founded
1982
Country
United Kingdom
Website
www.vodafone.com/about-vodafone/what-we-do/consumer-products-and-services/m-pesa
Vendor Details
Company Name
Sila
Founded
2018
Country
United States
Website
silamoney.com
Product Features
Mobile Payment
ACH Support
No
Contactless / NFC
No
Credit Card Support
No
Cryptocurrency Support
No
Debit Card Support
No
In-App Payments
No
In-Store Payments
No
Micropayments
No
P2P Payments
No
eCommerce Payments
No
Product Features
AML
Behavioral Analytics
Yes
Case Management
No
Compliance Reporting
Yes
Identity Verification
Yes
Investigation Management
No
PEP Screening
No
Risk Assessment
Yes
SARs
Yes
Transaction Monitoring
Yes
Watch List
Yes
Banking
ATM Management
No
Compliance Tracking
Yes
Corporate Banking
No
Credit Card Management
No
Credit Union
No
Investment Banking
No
Multi-Branch
No
Online Banking
Yes
Private Banking
No
Retail Banking
No
Risk Management
Yes
Securities Management
No
Transaction Monitoring
Yes
Billing and Invoicing
Billing Portal
No
Contact Database
No
Contingency Billing
No
Customer Portal
No
Customizable Invoices
No
Dunning Management
No
Hourly Billing
No
Invoice History
No
Mobile Payments
Yes
Multi-Currency
No
Online Invoicing
No
Online Payments
Yes
Payment Processing
Yes
Project Billing
No
Recurring/Subscription Billing
Yes
Service Ticket Billing
No
Tax Calculator
No
Business Bank Accounts
Bank Wires
No
Bill Pay
Yes
Billing & Invoicing
Yes
Business Credit Cards
No
Checking Account
Yes
Checks
No
Expense Management
No
Instant Payouts
Yes
No Fee Payments
No
Rewards
No
Savings Account
No
Spend Management
No
Compliance
Archiving & Retention
No
Artificial Intelligence (AI)
No
Audit Management
Yes
Compliance Tracking
No
Controls Testing
No
Environmental Compliance
No
FDA Compliance
No
HIPAA Compliance
No
ISO Compliance
No
Incident Management
No
OSHA Compliance
No
Risk Management
Yes
Sarbanes-Oxley Compliance
No
Surveys & Feedback
No
Version Control
No
Workflow / Process Automation
Yes
Financial Reporting
"What If" Scenarios
No
Audit Trail
No
Balance Sheet
No
Cash Management
No
Consolidation / Roll-Up
No
Forecasting
No
General Ledger
Yes
Income Statements
No
Multi-Company
No
Multi-Department / Project
No
Profit / Loss Statement
No
Financial Services
Analytics
No
Branch Optimization
No
Channel Management
No
Compliance Management
No
Customer Engagement
No
Performance Management
No
Risk Management
Yes
Fraud Detection
Access Security Management
No
Check Fraud Monitoring
No
Custom Fraud Parameters
Yes
For Banking
Yes
For Crypto
Yes
For Insurance Industry
Yes
For eCommerce
Yes
Internal Fraud Monitoring
Yes
Investigator Notes
No
Pattern Recognition
Yes
Transaction Approval
Yes
Mobile Banking
Bill Payment
Yes
Biometric
No
Cash Management
No
Chat / Messaging
No
Cross Selling Functionality
No
Digital Wallet
Yes
P2P Payments
Yes
Remote Deposit
Yes
SMS Banking
Yes
Transaction Monitoring
Yes
Voice Banking
No
Payment Gateways
ACH / eCheck support
Yes
Buyer Authentication
Yes
Credit / Debit Support
Yes
Customer Information Storage
Yes
Fraud Prevention
Yes
Invoicing
Yes
Multi-Currency
No
PCI Compliance
Yes
Point-of-Sale (POS)
Yes
Recurring Billing / Subscriptions
Yes
Reporting / Analytics
Yes
Payment Processing
ACH Check Transactions
Yes
Bitcoin Compatible
Yes
Debit Card Support
Yes
Gift Card Management
No
Mobile Payments
Yes
Online Payments
Yes
POS Transactions
Yes
Receipt Printing
No
Recurring Billing
Yes
Signature Capture
No