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Cross-Border Transactions

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Safaricom and Mastercard have signed a partnership to accelerate the adoption of payment acceptance and cross-border remittance services in Kenya. This collaboration is set to benefit over 636,000 merchants using M-PESA, Safaricom’s leading mobile money service. Kenya’s payment acceptance market continues to grow, with mobile wallet payments driven by M-PESA showing a 12.7% CAGR between 2020 […]

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The intricacies of cross-border money transfers in Africa are still being explored, with banks often proving the most expensive option. As the continent matures and experiences high entrepreneurial activity, facilitating trade opportunities and easing money transfers becomes crucial. Despite persistent legacy challenges, there are significant opportunities in the sector. ChitChat is positioned to bring a […]

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