Safaricom shakes China after a big partnership with global giant firm

As part of its strategy to position M-PESA globally, Safaricom has partnered with China’s e-commerce retail giant. According to Safaricom, M-PESA processes 17 million transactions every day, or 25,000 transactions per minute something that is expected to hit the notch high.

Safaricom PLC and Ant Financial Services – the world’s largest fintech services provider – have announced a partnership that will allow Kenyans shopping on AliExpress to pay for their purchases using M-PESA. The move especially targets micro-traders in the country who source for goods and other supplies from manufacturers in China and signifies Safaricom’s continued push to position M-PESA as a truly global mobile money transfer and payments platform.

Guess what! We’ve obviously got some great stuff coming your way this here Easter period! Hint: It has everything to do with you shopping Ali Express with M-PESA! Take a wild guess? #EasterBonanza

Download the #AliExpress app on https://t.co/7wMUppnib6 #MPESAAliexpress pic.twitter.com/ME06gkP49E— Safaricom PLC (@SafaricomPLC) April 15, 2019

Kenyans shopping on Aliexpress.com will be presented with M-PESA as one of the payment options when checking out their shopping cart on the website. Once customers select M-PESA, they will then key in their mobile phone numbers and will subsequently receive a prompt on their phones to type their M-PESA PIN to complete the payment.

AliExpress customers selecting M-PESA as a payment channel will have their total cost displayed in Kenya Shillings with standard Lipa Na M-PESA Paybill charges applicable for each transaction. As has been the case, shoppers will also have the option of using their post office box numbers as the delivery location for their items.

AliExpress customers selecting M-PESA as a payment channel will have their total cost displayed in Kenya Shillings with standard Lipa Na M-PESA Paybill charges applicable for each transaction. #MPESAAliexpress pic.twitter.com/mXjugIIorn— Mutinda🌕 (@brianmutinda_) March 12, 2019

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