A New Cross- order Platform to Allow Payments via AliPay

A new cross-border payment platform is set to launch in Kenya, allowing
traders to pay for Chinese goods through the Alipay system affiliated with
Jack Ma’s Chinese e-commerce giant Alibaba.

Pyxis, a fintech company is finalizing the integration with Alipay,
enabling Kenyan traders to make payments up to $70,000 on WeChat, China’s
dominant social media and payment platform.

Pyxis’ service is expected to provide a more convenient and cost-effective
alternative to traditional banking platforms. Safaricom is also
implementing integration of of Mpesa payments with AliPay.

Read more:
www.businessdailyafrica.com/bd/corporate/technology/kenyan-traders-to-pay-for-chinese-goods-via-alipay-4735424

3 thoughts on “A New Cross- order Platform to Allow Payments via AliPay

  1. Very interesting. As we wait for that integration via Mpesa and Pyxis
    launch in Kenya (they have to get CBK licensing for an MTO license or
    operate with already licensed partners like WapiPay that are already
    focused on the Afro-Asia Corridor), you can just go to Ali Express
    <http://www.aliexpress.com/>, which is owned by Alibaba, and transact, get
    stuff delivered to your shop or home, and the pricing…Weuh! Disruption is
    here for real!

    Regards

    *Ali Hussein*

    Fintech | Digital Transformation

    Tel: +254 713 601113

    Twitter: @AliHKassim

    LinkedIn: Ali’s Profile <ke.linkedin.com/in/alihkassim>
    <ke.linkedin.com/in/alihkassim>

    Any information of a personal nature expressed in this email are purely
    mine and do not necessarily reflect the official positions of the
    organizations that I work with.

    On Mon, Aug 26, 2024 at 8:32 AM Victor Kapiyo via KICTANet <
    [email protected]> wrote:

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