SMEs for SMEs: Surviving the COVID -19 Pandemic

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Written by: iPay

The COVID – 19 pandemic tested everyone’s limits, whether a business owner or employee, we have all been stretched.

Posted on July 1, 2021

SMEs for SMEs: Surviving the COVID -19 Pandemic

By: iPay

The COVID – 19 pandemic tested everyone’s limits, whether a business owner or employee, we have all been stretched.

At iPay, we are truly grateful to still be in business. The core of our business depends on the success of other businesses, our merchants. The pandemic saw many of our merchants hard-hit and as a result, stopped transacting. We noticed a dip in our income and wondered how long it would continue. Our MD, Philp Nyamwaya tells iPay's story of resilience here: https://www.youtube.com/watch?v=Nvk4zba4RKA 

Fortunately, we had earlier prepared a disaster recovery policy and plan that we put into practise and had our team working from home to remain fully functional. We also launched our iPay Kopesha product to help our merchants access capital to keep their businesses running during this period.

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