12-Mar-19, Reuters 

Kenya’s Safaricom said on Tuesday it had secured a deal to use its M-Pesa mobile payment service for online shopping on one of Alibaba’s platforms, part of a move to expand its most profitable product beyond Kenya.

Kenyas Safaricom secures deal to use M Pesa payments on AliExpress com (c) Reuters Noor Khamis

Image: Reuters / Noor Khamis

AliExpress.com, run by Chinese e-commerce giant Alibaba Group, will allow Kenyan shoppers to buy goods on the site using M-Pesa in a matter of weeks.

M-Pesa was launched more than a decade ago to offer Kenyans without bank accounts a network to transfer cash via mobile phones. It now offers a range of payment services, loans and savings to more than 21 million people in Kenya and has been copied abroad.

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