Safaricom
M-PESA has announced a strategic partnership with LakiPay, a leading payment
gateway provider. This collaboration aims to expand access to digital financial
services, simplify transactions for businesses and customers, and contribute to
the growth of Ethiopia’s burgeoning digital economy.
Through this
partnership, Safaricom M-PESA will integrate its mobile money services with
LakiPay’s payment gateway, enabling merchants on the LakiPay platform to accept
M-PESA payments. This integration is expected to enhance financial inclusion,
reduce reliance on cash, and create a seamless payment experience for
businesses and consumers alike.
The partnership
between Safaricom M-PESA and LakiPay marks a pivotal moment in Ethiopia’s
journey toward a cashless economy. By enabling additional payment acceptance
points, the collaboration seeks to accelerate the adoption of digital financial
services across the country.
“This
partnership reinforces our commitment to driving financial inclusion and
digital transformation in Ethiopia,” said a
representative from Safaricom M-PESA. “With the integration of M-PESA into
LakiPay’s platform, we are taking a significant step toward supporting
Ethiopia's national digital economy ambitions.”

The integration
of M-PESA with LakiPay’s payment gateway will provide merchants with a reliable
and efficient way to accept digital payments. This will not only simplify
transactions but also open up new opportunities for businesses to reach a wider
customer base.
For customers,
the partnership means greater convenience and accessibility. By reducing the
need for cash transactions, the collaboration will enhance the overall customer
experience, making it easier for individuals to pay for goods and services
using their mobile phones.
Ethiopia’s
digital economy is rapidly evolving, with increasing demand for innovative
financial solutions. The partnership between Safaricom M-PESA and LakiPay
aligns with the country’s efforts to modernize its payment infrastructure and
promote economic growth.
“Safaricom
M-PESA remains dedicated to empowering more businesses and fostering a robust
digital financial ecosystem,” the
representative added. “This collaboration is a testament to our commitment
to supporting Ethiopia’s vision of a digitally inclusive society.”

The partnership
between Safaricom M-PESA and LakiPay is more than just a business
collaboration—it is a step toward building a more inclusive and prosperous
future for Ethiopia. By leveraging the power of mobile money and digital
payments, the two companies are paving the way for greater financial access and
economic empowerment.
As Ethiopia
continues to embrace digital transformation, initiatives like this will play a
crucial role in shaping the country’s financial landscape. With Safaricom
M-PESA and LakiPay leading the charge, the future of Ethiopia’s digital economy
looks brighter than ever.
The partnership
between Safaricom M-PESA and LakiPay represents a significant milestone in
Ethiopia’s digital transformation journey. By enabling seamless digital
payments and expanding financial access, the collaboration is set to drive
economic growth, enhance customer experiences, and contribute to the country’s
vision of a modern, inclusive digital economy.
By: Kanto Kai Okanta