Safaricom extended its M-PESA Global service to Ethiopia, allowing customers to make mobile money transactions from Kenya to Ethiopia.
Driving the News
Customers in M-PESA Kenya can now make mobile money transfers to M-PESA Ethiopia via the M-PESA International Remittance. Through this collaboration, customers in both countries will only require their M-PESA wallets.
What They’re Saying
Safaricom Kenya’s Chief Financial Services Officer, Esther Waititu said “This collaboration resonates with our commitment to deliver innovative financial solutions that cater to the evolving needs of our customers. By making cross-border transfers more accessible, efficient and cost effective, we are empowering individuals and businesses across the region.”
Speaking during the signing ceremony, Elsa Muzzolini – Safaricom Ethiopia’s Chief Financial Services Officer stated, “We are thrilled to work with M-PESA Kenya especially at a time of foreign exchange policy reforms made by the National Bank of Ethiopia (NBE) that encourages a growing number of Ethiopian diaspora and business owners are embracing digital payments to send money to their loved ones and fund their operations.
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