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Safaricom Ethiopia and Chapa launch business-focused payment system

Safaricom Ethiopia and Chapa launch business-focused payment system

Safaricom continues to enhance the offering of its recently launched Ethiopian service. The latest innovation is a payment system aimed at entrepreneurs, businesses and government.

Safaricom M-Pesa Mobile Financial Services, a subsidiary of Safaricom Ethiopia, and Ethiopian payment solution provider Chapa Financial Technologies Share Company have entered into a partnership agreement to provide M-Pesa services for entrepreneurs, businesses and government services on Chapa’s payment aggregator platform.

This partnership, say the companies, aims to boost the ease of transactions for both merchants and M-Pesa customers in the Ethiopian market.

Through this agreement, merchants using Chapa’s payment gateway system can receive payments from Safaricom M-Pesa customers and M-Pesa customers can make quick and secure payments to merchants on Chapa’s checkout.

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