Safaricom Launches M Pesa Mobile Money Service In Ethiopia
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Safaricom Launches M Pesa Mobile Money Service In Ethiopia Safaricom's m pesa mobile money service went live in ethiopia on wednesday, in a boost to the kenyan telecoms operator as it seeks to kickstart growth in one of africa's biggest economies. Addis ababa, 16 august 2023. m pesa, safaricom ethiopia’s mobile financial services, goes live today three months after receiving the payment instrument issuer license from the national bank of ethiopia. in preparation for launch, m pesa has undergone a rigorous three month pilot and testing, completed the technical readiness, secured key.
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Safaricom Launches M Pesa Mobile Money Service In Ethiopia Telecom This positions us to provide essential financial services to the ethiopian population. we are looking forward to launch and roll out the service over the next few months.” m pesa empowers over 30 million customers to transact, save or borrow money through their mobile phone. Safaricom, kenya’s biggest telecoms operator, is finally launching its pioneering mobile money service in ethiopia, africa’s second largest country by population and one hailed as “the last. By dawit endeshaw. addis ababa (reuters) safaricom's m pesa mobile money service went live in ethiopia on wednesday, in a boost to the kenyan telecoms operator as it seeks to kickstart growth in. The national bank of ethiopia (nbe) granted the license to safaricom m pesa mobile financial services plc, a subsidiary company owned by safaricom telecom ethiopia, in may 2023. m pesa’s launch today comes after a three month pilot and testing involving the completion of technical readiness, securing key partnerships with banks, recruiting.
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