Nairobi-based DPO Group acquires SA payment firm

Group CEO and co-founder Eran Feinstein. FILE PHOTO | NMG

Nairobi-based online payment service provider Direct Pay Online (DPO) has acquired PayFast, a payment processor based in South Africa.

A statement said the transaction by the DPO Group was executed through a mix of shares and cash, with the PayFast management team remaining key shareholders in the Group.

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