PayPal, M-Pesa ink deal to ease online payments
Originally by https://nairobinews.nation.co.ke/news/paypal-m-pesa-ink-deal-ease-online-payments/ Safaricom users will now be able to make transactions online thanks to a partnership with conglomerate PayPal, an online global payment platform and TransferTo, a cross-border mobile payments network. The new service will allow movement of funds between M-Pesa and PayPal accounts, a huge boost to eCommerce. Qualifying M-Pesa customers in Kenya can link their PayPal accounts to their M-Pesa wallets, enabling them to easily buy goods and services from merchants around the World. “M-Pesa’s collaboration with PayPal will open up global marketplaces and the global economy to millions of Kenyan and Kenyan-based businesses and individuals. Beyond money transfers, this development ushers in a new era of speed and convenience beyond borders, as we work towards innovating robust platforms through which more entrepreneurs and consumers can benefit from the growing eCommerce industry”, said Joseph Ogutu, Director – Strategy, Safaricom. To make online purchases, customers will be required to…