Good news to local businesses and online workers including freelancers in kenya and east Africa.
You now can easily transfer cash in whichever global currency from PayPal to your Mpesa wallet.
Simple: link both your accounts and deposit or withdraw cash anywhere any time!
Also read: more about MPesa Kenya
This announcement just came a few days ago as safaricom just made a milestone towards linking Kenyan businesses to the global community by patnering with PayPal and transfer to.
According to the safaricom’s news page, the patnership will open up global market to millions of Kenyans and Kenyan based businesses.
“PayPal’s collaboration with M-PESA is part of the company’s long-term strategy to enable e-commerce and democratise financial services on the African continent,” says Efi Dahan, PayPal General Manager for the Middle East, Africa, and Russia.
“We are proud to have been chosen by these two world-class payments providers to bridge the gap between the services offered in developed countries with those available in emerging markets – which is the cornerstone of TransferTo’s mission,” said Peter De Caluwe, CEO at TransferTo.
To qualify your account to be able to transact between this two service providers, you can visit PayPal MPesa portal on this link here.
If you found problem doing that then just follow this guide for a successful linking