10:13 AM EDT, 09/19/2024 (MT Newswires) -- Mastercard ( MA ) and Safaricom said Thursday they have partnered to speed up the adoption of payment acceptance and cross-border remittance services in Kenya.

The partnership will benefit more than 636,000 merchants using Safaricom's mobile money service M-PESA, according to the companies.

Financial terms of the collaboration were not disclosed.

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