Tag: LipaSafe

Kenya’s Online Payment Service LipaSafe will reduce online fraud

Kenya’s Online Payment Service LipaSafe will reduce online fraud

Cyber Security, Startups
By holding funds on behalf of buyers and sellers and disbursing them following a successful transaction, LipaSafe is a new online payments service that aims to reduce online fraud. The escrow service aims to guarantee buyers that they get goods or services paid for, or their money back while sellers receive 100% of their due payment, without ever having to chase after the buyer to make payment after a successful delivery Developed by Cybatar Innovations Limited; a Kenyan registered Company that offers IT solutions Kenvis Kirocho, Lawrence Keru, Kenneth Nderitu, Phiwa Nkambule, Phiwa Nkambule and Nahashon Minjire, Lipasafe was founded as result of problems encountered by its founders and the public, majorly loss of money in fraudulent transactions for goods o