A New Cross- order Platform to Allow Payments via AliPay
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...
Very interesting! On Mon, 26 Aug 2024 at 08:32, 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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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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KICTANet is a multi-stakeholder Think Tank for people and institutions interested and involved in ICT policy and regulation. KICTANet is a catalyst for reform in the Information and Communication Technology sector. Its work is guided by four pillars of Policy Advocacy, Capacity Building, Research, and Stakeholder Engagement.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
PRIVACY POLICY: See https://mm3-lists.kictanet.or.ke/mm/lists/kictanet.lists.kictanet.or.ke/
KICTANet - The Power of Communities, is Kenya's premier ICT policy engagement platform.
The pricing is amazing on Ali Express until you go to checkout and see the high cost of freight.... On Thu, 29 Aug 2024 at 07:45, Ali Hussein via KICTANet < kictanet@lists.kictanet.or.ke> wrote:
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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KICTANet is a multi-stakeholder Think Tank for people and institutions interested and involved in ICT policy and regulation. KICTANet is a catalyst for reform in the Information and Communication Technology sector. Its work is guided by four pillars of Policy Advocacy, Capacity Building, Research, and Stakeholder Engagement.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
PRIVACY POLICY: See https://mm3-lists.kictanet.or.ke/mm/lists/kictanet.lists.kictanet.or.ke/
KICTANet - The Power of Communities, is Kenya's premier ICT policy engagement platform.
_______________________________________________ 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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Twitter: https://twitter.com/KICTANet/ Facebook: https://www.facebook.com/KICTANet/ Instagram: https://www.instagram.com/KICTANet/ LinkedIn: https://www.linkedin.com/company/kictanet/ YouTube: https://www.youtube.com/channel/UCbcLVjnPtTGBEeYLGUb2Yow/ WhatsApp Channel: https://whatsapp.com/channel/0029VaQsX4w6mYPIctLsGh1K
KICTANet is a multi-stakeholder Think Tank for people and institutions interested and involved in ICT policy and regulation. KICTANet is a catalyst for reform in the Information and Communication Technology sector. Its work is guided by four pillars of Policy Advocacy, Capacity Building, Research, and Stakeholder Engagement.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
PRIVACY POLICY: See https://mm3-lists.kictanet.or.ke/mm/lists/kictanet.lists.kictanet.or.ke/
KICTANet - The Power of Communities, is Kenya's premier ICT policy engagement platform.
-- *Elizabeth W Kiarie* Strategic Management and Communication Specialist Tel:+254722737330 Email: lizkiarie@gmail.com LinkedIn: www.linkedin.com/in/elizabethkiarie
participants (3)
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Ali Hussein
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Liz
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Victor Kapiyo