Vodacom Tanzania extends M-Pesa’s reach globally with new service

Safaricom and Mastercard announced on Thursday that they have signed a partnership to accelerate adoption of payment acceptance and cross-border remittance services in Kenya.

Mobile money adoption surged 327% in the past five years in Benin showcasing the rising popularity of the technology.

Mastercard has signed a deal with China’s Alipay to facilitate international remittances into the market.