Safaricom and Ant Financial Services have signed a mutual partnership to sign up more customers in Kenya.
The deal will allow Kenyans shopping on AliExpress to pay for their purchases using M-PESA as well market AliExpress to more micro-traders in the country who source for goods and other supplies from manufacturers in China.
“Our more than 21 million customers can now enjoy the safety, reliability and convenience of M-PESA when shopping on AliExpress, a leading, global e-commerce marketplace. This partnership seeks to connect Kenyans to even more business opportunities by enabling them to seamlessly source, purchase and import goods from the world’s leading manufacturer,” said Sylvia Mulinge – Chief Customer Officer, Safaricom.
Kenyans shopping on Aliexpress.com will be presented with M-PESA as one of the payment options when checking out their shopping cart on the app or website. Once customers select M-PESA, they will then key in their mobile phone numbers and will subsequently receive a prompt on their phones to type their M-PESA PIN to complete the payment.
AliExpress customers selecting M-PESA as a payment channel will have their total cost displayed in Kenya Shillings with standard Lipa Na M-PESA Paybill charges applicable for each transaction. As has been the case, shoppers will also have the option of using their post office box numbers as the delivery location for their items.
The service is already live on the AliExpress app and will be available on AliExpress.com in coming weeks. Safaricom has not announced any plans to increase its M-PESA limits from Ksh 140,000 therefore traders will still be limited to that.