MPESA and Ali Express entered a partnership in May 2019 to enable customers on the e-commerce platform make mobile payments when buying goods. This is an addition on the MPESA Global initiatives which have seen the premier Safaricom service make deals with several fintech companies for easy financial transactions across various platforms.
So far, MPESA is the largest mobile money transfer in the world with a majority of its 21 million customers based in Kenya. More than KES 34,800 moved through the platform per second in 2018 despite losing 1.6 percent of its customer base to rivals Airtel and Telkom. This amount is a result of at least 1,200 transactions per second on the MPESA platform. At least KES 1.58 trillion was moved between July – Sept 2018 alone.
About Ali Express
Ali Express on the other hand is a major platform that commands 46 percent of e-commerce web traffic. It is a rival to Amazon, the world’s largest e-commerce company. The website hosts a myriad of merchants and goods from manufacturers around the world with a majority based in China where many of Kenya’s imports emanate. The partnership between MPESA and Ali Express is therefore a significant one. Apart from making it easier to make payments for Kenyans, it will boost the mobile money platform’s profit margins.
This is how to use MPESA to pay on Aliexpress.com
- Go the e-commerce platform Aliexpress.com
- Create an account by entering your email and a password of your choice
- Buy the goods you want from your preferred trader and country and add to cart
- At checkout, MPESA will appear as a payment option
- You will be asked to share your mobile number
- You will get communication to key in your PIN
- The amount will be interpreted in Kenya Shillings for you to complete the transaction
- Standard Lipa na MPesa charges shall apply for the amount paid
- Confirm your checkout and wait for your goods to be delivered
- Ali Express promises to deliver goods to your choice post office box within days according to their terms and conditions
- You can also cancel a payment if the payment is still being verified or hasn’t been verified.