Friday, March 29, 2024

Alibaba’s AliExpress M-Pesa Payment Option for Kenyan Online Shoppers

This article evaluates AliExpress M-Pesa payment option. Online shopping has saved many Kenyans the time to go through several shops browsing for items. Several online shopping platforms like AliExpress has become a joy to many.

About Safaricom

Safaricom is Kenya’s largest mobile network operator. The company is partly owned by South Africa’s Vodacom and Britain’s Vodafone.

One of Safaricom’s best product is M-Pesa. M-Pesa was launched more than a decade ago to offer Kenyans without bank accounts a network to transfer cash via mobile phone.

M-Pesa allows its users to pay for goods and services through mobile money. These payments can be done via pay bill number or buy goods and services options.

Safaricom now offers a range of payment services, loans and savings to more than 21 million people in Kenya and has been copied abroad.Undoubtedly, M-Pesa has become a major profit driver for Safaricom.

About AliExpress

AliExpress is an online shopping website for businesses and retail customers owned by Alibaba.

AliExpress offers several shopping options like;

  • Kitchen appliances
  • Clothes for men, women, and kids
  • Electronics
  • Car products
  • Pet supplies
  •  Health and beauty
  • Sports and entertainment
  • Jewellery and bags

AliExpress offers after sale services. Once you include your goods on your cat and pay, the company delivers them to the address you provide.

With over 200 countries and regions and countries to deliver, Alibaba’s AliExpress is taking the African, especially Kenyan, market by storm.

About AliExpress M-Pesa Option

This transaction deal was made by Safaricom and Alibaba’s Ant Financial, an affiliate of Alibaba that runs the portal’s payment services. Safaricom will offer its M-Pesa services to AliExpress customers as one of the payment options . Transactions are denominated in Kenyan shillings.

In a statement by Safaricom, the move especially targets micro traders in the country who source goods and other supplies from manufacturers in China.

AliExpress M-Pesa option was part of an effort to transform M-Pesa into a global payments platform.

After purchasing and security confirmations, the entire bill (in Kenyan shillings) can be authenticated by keying in your M-Pesa PIN. Deliveries will then be made to postal addresses provided.

E-commerce has become a huge part of Kenyan economic sector. Together with Safaricom, Alibaba’s AliExpress M-Pesa payments is a great relief. Bizna Kenya will keep you updated on all new information regarding online shopping.

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