Image sourced from Techweez Safaricom is in talks with Amazon over the use of its mobile money service M-Pesa on Amazon’s eCommerce platform, according to Bloomberg. This move is said to be part of the Kenyan telco’s efforts to recover from a year of disappointing profits. “M-Pesa accounts for about a third of Safaricom’s revenue, and East Africa’s largest company sees the financial-technology product as the key to future growth. The carrier already has partnerships with a unit of China’s Alibaba Group Holdings Ltd. and PayPal Holdings Inc.” According to PYMNTS, this isn’t the first time these two giants have partnered, “as the two already partner on web services, and the Kenyan company runs cloud sales for Amazon”. Calls for Safaricom to Share Telco Infrastructure by Kenya Competition Aut...
