Very interesting. As we wait for that integration via Mpesa and Pyxis launch in Kenya (they have to get CBK licensing for an MTO license or operate with already licensed partners like WapiPay that are already focused on the Afro-Asia Corridor), you can just go to Ali Express <https://www.aliexpress.com/>, which is owned by Alibaba, and transact, get stuff delivered to your shop or home, and the pricing...Weuh! Disruption is here for real! Regards *Ali Hussein* Fintech | Digital Transformation Tel: +254 713 601113 Twitter: @AliHKassim LinkedIn: Ali's Profile <http://ke.linkedin.com/in/alihkassim> <http://ke.linkedin.com/in/alihkassim> Any information of a personal nature expressed in this email are purely mine and do not necessarily reflect the official positions of the organizations that I work with. On Mon, Aug 26, 2024 at 8:32 AM Victor Kapiyo via KICTANet < kictanet@lists.kictanet.or.ke> wrote:
A new cross-border payment platform is set to launch in Kenya, allowing traders to pay for Chinese goods through the Alipay system affiliated with Jack Ma's Chinese e-commerce giant Alibaba.
Pyxis, a fintech company is finalizing the integration with Alipay, enabling Kenyan traders to make payments up to $70,000 on WeChat, China's dominant social media and payment platform.
Pyxis' service is expected to provide a more convenient and cost-effective alternative to traditional banking platforms. Safaricom is also implementing integration of of Mpesa payments with AliPay.
Read more: https://www.businessdailyafrica.com/bd/corporate/technology/kenyan-traders-t... _______________________________________________ KICTANet mailing list -- kictanet@lists.kictanet.or.ke To unsubscribe send an email to kictanet-leave@lists.kictanet.or.ke Unsubscribe or change your options at: https://mm3-lists.kictanet.or.ke/mm/lists/kictanet.lists.kictanet.or.ke/
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