PayPal, Safaricom and TransferTo to streamline money transfers in Kenya

Tuesday 10 April 2018 14:33 CET | News

PayPal, Safaricom and TransferTo have partnered to enable Kenyans to move money between their M-PESA and PayPal accounts.

The new service enables global ecommerce on the African continent and allows M-PESA users in Kenya to shop with PayPal merchants globally, and local Kenyan online businesses and freelancers to sell globally and transfer funds between their PayPal and M-PESA accounts

TransferTo operates a global Cross-Border Mobile Payments Network for emerging markets and is the technology partner underpinning this collaboration.

Earlier in April 2018, PayPal has digitised FIRC (foreign inward remittance certificate) application process for the ease of Indian sellers and freelancers.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: PayPal, Safaricom, TransferTo, money transfers, Kenya, payments , M-Pesa, merchant
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce

Industry Events