- Retail merchants using Safaricom Lipa na Mpesa accessed $241 million in overdrafts, thanks to a partnership with KCB Group.
- The new Merchant Overdraft product allows small businesses to access unsecured credit to manage cash flow shortfalls.
Nairobi, Kenya – Retail merchants using the Safaricom Lipa na Mpesa mobile payment platform have accessed $241 million (Kes32 billion) in overdrafts valued along their cash flow, as KCB Group and Safaricom partner to enhance last-mile digital visibility.
This article is free to read.
Sign up for free or sign in to continue reading.
Unlike our competitors, we don't force you to pay to read the news but we do need your email address to make your experience better.
Create your free account or sign in
