E-commerce has long been praised to be convenient and affordable for both the seller and the buyer, but that has only been true in developed countries where the online digital infrastructure has been properly set up.
Though there is a good number of consumers and businesses who shop or sell online in the developing countries such as Kenya. Their e-commerce experience is more often than not far from convenient. First there is the big problem of sending or receiving payment, followed by shipment of the package or cargo.
The good news for Kenyan subscribers of the Safaricom network is that on the sending or receiving payment front, things just go a lot better with the announcement that PayPal is collaborating with M-Pesa.
PayPal remains the global leading digital currency payment platform and virtually all major businesses across the globe do accept payment or receive payment via the service. M-Pesa is the defacto cashless money sending or receiving platform for many Kenyans. The partnering of the two services, facilitated by TransferTo means that the majority of Kenyans can now ‘more conveniently’ send and receive money …read more