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Safaricom M-PESA Partners with Nyala Insurance for Seamless Payments

December 31, 2024
1 min read
Author: Aayushya Ranjan

Safaricom M-PESA partners with Nyala Insurance, enabling seamless, secure mobile payments, supporting Digital Ethiopia goals and promoting financial inclusion.

Safaricom Ethiopia has announced a new partnership between Safaricom M-PESA and Nyala Insurance, aimed at providing seamless and secure mobile payment solutions for the Ethiopian insurance sector. This collaboration enables Nyala Insurance customers to make premium payments, renew policies, and manage other insurance-related transactions directly via M-PESA.

The integration of Nyala Insurance into M-PESA allows for seamless mobile payments, making premium payments and policy renewals more convenient for customers. With this solution, Nyala Insurance customers now have access to secure, fast, and easily accessible payment options. Additionally, the real-time transaction processing streamlines Nyala Insurance’s payment processes, enabling them to reach a broader customer base.

This partnership also supports the goals of Digital Ethiopia by promoting financial inclusion and contributing to the growth of the digital economy.

By collaborating with Nyala Insurance, we continue to drive the expansion of digital financial services in Ethiopia, offering customers a more efficient and accessible way to manage their insurance payments.

– Excerpt from Safaricom Ethiopia’s Announcement

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