Sochitel Group, a renowned provider of digital services, is proud to announce the introduction of its innovative e-voucher solution to East Africa. Designed to simplify transactions and enhance business efficiency, these e-vouchers aim to provide businesses and individuals with secure, cashless tools for managing everyday transactions and digital trade.
Jerry Ejikeme, Founder and CEO of Sochitel Group, commented: “Our e-voucher platform supports businesses, traders, and consumers by enabling easy, reliable, and affordable digital transactions. This step reaffirms our commitment to empowering communities with tools that promote financial inclusion and simplify cross-border commerce”.
Sochitel Group Sevices In East Africa
The Sochitel platform facilitates a wide range of prepaid services, including evouchers (gift cards), mobile top-ups and utility payments, streamlining financial transactions and addressing common barriers such as exchange rate variability. By leveraging technology to create seamless and secure payment solutions, Sochitel continues its mission of fostering digital connectivity and economic opportunity.
Sochitel’s expansion aligns with East Africa’s dynamic digital economy, which is projected to play a pivotal role in regional growth over the coming years. By reducing reliance on physical cash, businesses and individuals can benefit from enhanced convenience, improved transaction efficiency, and minimized risks associated with cash handling.
Headquartered in London and backed by NASDAQ-listed IDT Corporation, Sochitel Group processes over a billion transactions annually, connecting businesses and consumers worldwide. The company collaborates with leading banks, mobile money operators, and financial institutions to deliver practical, user-focused solutions.
As Sochitel scales its operations in the region, it seeks to build a robust ecosystem of partnerships to support the evolving needs of East Africa’s digital community, unlocking new opportunities for businesses and individuals alike.
Sochitel Group is a world leading platform that enables its partners to offer mobile top ups, data bundles, digital vouchers and prepaid utilities to their end users. Sochitel Group partners with extensive banking and mobile money ecosystems across Africa, with a distribution reach to over 300m end consumers.
In 2021, IDT Corporation, an NYSE listed global provider of fintech, cloud and traditional communications services acquired a majority stake in Sochitel Group enabling it to leverage the combined capabilities to digitally connect the world.
ALSO READ: Kenya Startup Ecosystem Platform Launched To Drive Data-Driven Insights
