Safaricom Ethiopia has
entered a strategic partnership with CNET, a leading fintech company, to
integrate M-Pesa payment systems with CNET's POS systems. This collaboration
aims to expand digital financial services in Ethiopia, enabling merchants and
customers to utilize M-Pesa services seamlessly.
The integration will
allow for various payment options, including customer-initiated,
merchant-initiated, and QR code payments, at merchant outlets. This partnership
marks a significant step in Safaricom's commitment to empowering Ethiopia
through digital financial services.
According to Paul Kavavu,
Chief Digital Financial Services Officer at Safaricom Ethiopia, the partnership
will develop new and enhanced digital payment products catering to individual
consumers and small and medium-sized enterprises. This collaboration combines
the strengths of both companies, promoting financial inclusion and digital
transformation in Ethiopia.
By: Nana Appiah Acquaye
