M-PESA Global Services: Simplifying Cross-Border Transactions
- Safaricom expands M-PESA Global service to Ethiopia.
- Consumers can conduct mobile money transfers from Kenya to Ethiopia.
- M-PESA Kenya and M-PESA Ethiopia partnership aims to improve mobile money penetration.
The expansion of M-PESA into Ethiopia represents a significant step towards financial integration in East Africa. It not only facilitates easier remittances for individuals but also supports local economies by promoting digital payment solutions. This move could potentially lead to increased economic activity and job creation in the region, making it a noteworthy development in the financial services sector.
