Mastercard and Safaricom have formed a partnership to improve payment acceptance and cross-border remittances in Kenya. The collaboration will benefit over 636,000 merchants using Safaricom's M-Pesa mobile money service, allowing them to serve customers globally. By leveraging M-Pesa's merchant network and Mastercard's global payment infrastructure, the partnership will provide seamless and secure payment solutions for merchants, as well as streamline cross-border transactions. The collaboration aligns with Safaricom's goal of delivering innovative and customer-centric products, and will enable local businesses to provide more efficient payment solutions in Kenya and beyond.
- Content Editor ( news.bitcoin.com )
- 2024-09-20
Mastercard, Safaricom Partner on Cross-Border Payments