Mobile money transfer service M-Pesa has debuted in the United Arab Emirates (UAE) and the United Kingdom (UK) courtesy of a partnership between Safaricom and Xpress Money, a move aimed at making it easier and more convenient for Xpress Money customers to receive money in Kenya.
The M-Pesa service on Xpress Money channels will be a phased rollout, with subsequent phases to see the service go live in other countries under the Xpress Money network, and the rollout expected to conclude by the end of 2014.
Sudhesh Giriyan, vice president and business head at Xpress Money, said: “We at Xpress Money have been looking to provide our customers with increasingly innovative products and services that match their hectic lifestyles; this partnership with Safaricom is a step in the same direction. Mobile money transfers are the future of the remittance business, and Kenya being a key focus market for us it made sense for us to introduce this service in the country. We are happy to join hands with Safaricom for this service offering.”
HumanIPO reported last week M-Pesa became available in Australia.