Kenyan payments provider Safaricom has launched a new online payments service geared toward local traders, HumanIPO reported on December 4.
Safaricom, which operas the country’s largest mobile payments network, is gearing Lipa Na M-Pesa Online to the nation’s small and medium-sized businesses.
“The entry of M-Pesa into the online space is a landmark move that will see more than 18 million M-Pesa customers gain access to the online shopping experience either as entrepreneurs or as customers,” Bob Collymore, Safaricom CEO, told HumanIPO in an interview.
The company previously announced a change to Lipa Na M-Pesa in September, when it cut prices by a third. Learn more about this move by clicking here.
"What's Hot" is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.