Tag: PayPal

Safaricom, PayPal collaborate for International E-Commerce through M-PESA

Safaricom, PayPal collaborate for International E-Commerce through M-PESA

Business, Technology
Safaricom, PayPal and TransferTo have announced a collaboration on a new service that will allow movement of funds between M-PESA and PayPal accounts, a huge boost to international eCommerce. Qualifying M-PESA customers in Kenya can link their PayPal accounts to their M-PESA wallets, enabling them to easily and securely buy goods and services from merchants around the globe. In addition, M-PESA customers can still receive and withdraw money from more than 140,000 agents across the country. Similarly, the new will give Kenyan merchants the opportunity to boost their reach and grow their business internationally. “M-PESA’s collaboration with PayPal will open up global market places and the global economy to millions of Kenyan and Kenyan-based businesses and individuals. Beyond