Safaricom and PayPal are partnering to boost e-commerce in Kenya

The move will open global marketplaces to Kenyan entrepreneurs and businesses, effectively allowing M-Pesa’s 22.7 million subscribers to transact online, on mobile, in an app, or in person with PayPal’s 227 million users.

What is M-PESA ?

Safaricom pioneered commercial mobile money transfer globally through M-PESA, the most successful service of its kind anywhere in the world. Launched in March 2007, M-PESA now has over 27.8 million customers and over 148,000 M-PESA Agent outlets countrywide. M-PESA has changed the mobile payments space by offerıng Kenyans the opportunity to make payments from any mobile phone.

The service is now live and available to all Kenyans with qualifying PayPal and M-PESA accounts.

 

Sources: IT News Africa & Quartz

Gova-Media

Author: Gova-Media