Safaricom adds Mastercard payment option for M-Pesa merchants

At Mobile World Congress on Monday, payments company Visa and the GSMA Mobile for Development Foundation (a.k.a. the GSMA Foundation) launched the Digital Finance for All (DFA) Initiative to advance digital financial inclusion in developing markets.

MTN South Africa partnered with banking and financial services companies to integrate digital payments solution Payshap into its mobile money platform MoMo, a move MTN claimed will bridge the gap for the unbanked.

African money transfer company Dahabshiil and Safaricom Ethiopia’s M-Pesa have signed a partnership that will enable the Ethiopian diaspora to send money directly to M-Pesa mobile wallets.