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NIC and Safaricom sign pact to fund M-Pesa agents

NIC Bank has entered into a strategic partnership with Safaricom to enable M-Pesa dealers and agents banking with it to access float around-the-clock and in real time, through the bank’s online and mobile banking platforms.

The strategic partnership will cut down the time it takes businesses, most of which are Small and Medium Enterprises (SMEs), to access their money from banks thereby boosting efficiency in their operations.

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