At the reveal of Safaricom’s FY 2022 results (ended March 30), CEO Peter Ndegwa has announced that the operator will launch M-PESA GlobalPay powered by Visa Virtual Cards for international online payments. The card should be here before the end of June 2022, according to TechWeez.
“With support from our regional regulators and partners, we are working together to deliver innovative products in a new year such as Visa Virtual Card by M-PESA GlobalPay to support international online payments,” says CEO Peter Ndegwa.
M-PESA, which marked its 15th anniversary this year, hit the 30 million active customer mark in Kenya. A significant sign of M-PESA’s progress was the 63.4% growth of Lipa na M-PESA merchants to just below 500,000. M-PESA now has over 3.2 million businesses accepting payments under its portfolio, while the M-PESA business app has about 100,000 active businesses.
Besides Visa virtual card to support international online payments, additional products in the pipeline include the M-PESA junior product for children who may have access to mobile phones.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
