Pesapal Launches Openfloat
Pesapal Uganda is proud to announce the official launch of Openfloat, a cutting-edge bulk funds disbursement solution designed to transform how businesses manage payouts, cash flow, and settlements in real-time.
Openfloat offers a unified digital account to manage petty cash, supplier payments, salaries and so much more, all in one place. Merchants can also disburse payments seamlessly via mobile numbers and bank transfers. For Pesapal merchants, Openfloat enables faster settlement of funds, eliminating delays and streamlining financial operations.
With the increasing demand for speed, reliability, and efficiency in business payments, Openfloat is a timely solution for Ugandan enterprises looking to scale with confidence. “Access to real-time funds is no longer optional, it’s essential,” said Maureen Njoroge, Country Manager of Pesapal Uganda.
Openfloat officially in Uganda.
“Openfloat is designed with businesses in mind. Whether you’re a hotel, retail chain, logistics or SME, this platform ensures you can disburse funds instantly, securely, and conveniently—directly to where it’s needed.”
Why Openfloat Matters for Ugandan Businesses:
- Instant Payouts – Enjoy 24/7 fund transfers to any bank account or mobile wallet, ensuring real-time access to your money whenever you need it. The solution is available to both Pesapal existing and new merchants, and it also supports bill payments, including airtime, utilities, TV, and internet services.
- Simplified Disbursement – One dashboard to manage bulk payments, staff payouts, supplier transfers, and operational expenses; including paying billers such as URA Payments, UEDCL Light and Airtime.
- Enhanced Business Spend Tracking– Track spending with precision. Openfloat offers user roles, approval controls, and real-time collaboration to prevent unauthorized payouts, while making reconciliation fast and easy.
- Secure & Regulated – Backed by Pesapal’s secure infrastructure and licensed by the Bank of Uganda.
This launch comes at a time when Ugandan businesses especially SMEs are increasingly embracing digital transformation. Openfloat equips them with a reliable tool to improve operational efficiency, reduce risks associated with cash handling, and focus more on growth and customer experience.
Powering Africa’s Digital Financial Future
The introduction of Openfloat in Uganda reaffirms Pesapal’s commitment to building a more inclusive and agile digital economy in East Africa.
As a regional leader in payment technology, Pesapal continues to develop products tailored for local market needs—whether it’s hospitality, fuel, education, retail, or government services.