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Safaricom is set to open up its M-Pesa Pay Bill platform to rivals Airtel and Telkom, giving the telcos a potential lifeline to grow their fledgling mobile money businesses.
The Communications Authority of Kenya (CA) and Central Bank of Kenya (CBK) will today lead the launch of the interoperable platform that will allow Airtel and Telkom customers to make payments to businesses, government and utility service providers through their respective mobile wallets.
The launch comes a few months after the three mobile network operators launched interoperability on merchant payments as part of a drive by the CBK to expand the ecosystem.
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