Monday
June 1
2020

Kenya’s Safaricom to link its M-Pesa platform with Visa’s network

By Reuters

Visa and Safaricom have agreed a deal which will connect the Kenyan telecom operator’s M-Pesa financial services platform with Visa’s global network of merchants and cards.

Under the deal, which requires regulatory approval, it will see both companies, M-Pesa’s 24 million users and 173,000 local merchants linked to Visas 61 million merchants and its more than 3 billion cards.

Photo courtesy of rupixen.com.

Source: China Global Television Network (link opens in a new window)

Categories
Finance
Tags
cash transfers, digital payments, financial health, Safaricom, Visa