Safaricom To Launch M-PESA Visa Virtual Card For International Payments

Safaricom CEO Peter Ndegwa has announced that the telco giant will soon launch M-PESA GlobalPay powered by Visa Virtual Cards for international online payments.

The announcement was made during the reveal of Safaricom’s FY 2022 results (ended March 30),

The card is expected to be available before the end of June 2022.

“With support from our regional regulators and partners, we are working together to deliver innovative products in a new year such as Visa Virtual Card by M-PESA GlobalPay to support international online payments,” says CEO Peter Ndegwa.

Safaricom’s mobile money platform M-Pesa, currently boosts of 30 million active monthly users all-over Kenya.

The growth according to the telco operator has been driven by innovations including new financial services such as M-Shwari, KCB M-Pesa and Fuliza.

The introduction of Visa payment will enhance and enable seamless international payments.