Safaricom has partnered with PayPal to enable Mpesa users make direct withdrawals or deposits.
Users can load their PayPal accounts via Paybill number 800088.
For a long time PayPal users in Kenya had to rely on Equity bank for direct transactions.
The partnership now means direct PayPal-Mpesa transactions will be not only much quicker (within 2 hours), but also more secure.
There will be no transaction charges other than prevailing exchange rates and standard Mpesa Paybill charges.
Kenyan e-commerce enthusiasts had to rely on PayPal-Mpesa agents whose credibility they could not readily ascertain. Besides, these agents also charged a premium facilitation fee.
Some of the individuals set to benefit from this partnership include online shoppers, bloggers, gamers and freelancers.