Visa and Safaricom launch virtual card to support global digital payments via M-Pesa

[Image source: Andrew Harrer/ Bloomberg]


Tech Crunch | by Annie Njanja


Global digital payments giant Visa and East Africa’s biggest telecom Safaricom, the operator of the M-Pesa mobile money product, have today launched a virtual card, enabling millions of M-Pesa users to make digital payments globally, and giving Visa extended reach across Africa.

The launch of the M-Pesa GlobalPay Visa virtual card follows a partnership between the two companies forged in 2020 to develop “products that will support digital payments for M-Pesa customers.”

The virtual card will enable 30 million M-Pesa users to make cashless payments at Visa’s global network of merchants. Users can activate the virtual card through…

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