• Latest
  • All
  • How To
Telkom Kenya

Telkom’s T-Kash and M-PESA Integration to See Remarkable Cuts in Transaction Fees

October 1, 2018
Communications Authority ranked by ITU as best in Africa ICT regulations

Media Blackout: Communications Authority Orders Halt to Live Protest Coverage

June 25, 2025
social media protests Kenya

#SiriNiNumbers: Gen Z-Led Protests Dominate Kenyan Streets and Social Media

June 25, 2025
How to Secure Your Phone and Yourself During Protests

How to Secure Your Phone (and Yourself) During Protests

June 25, 2025
xiaomi

Xiaomi June 26 Mega Launch: From EVs to Foldables

June 24, 2025
DHgate Tablet Cases deals
All-Screen-iPhone-2027-Apple

Apple Reportedly Working on an All-Screen iPhone

June 24, 2025
Unified Payment Interface

CBK’s New Fast Payment System Plan Could Rival M-Pesa

June 24, 2025
Starlink

Starlink Resumes Sign-Ups in Nairobi After 7-Month Freeze

June 24, 2025
ASUS ROG Flow Z13

ASUS ROG Flow Z13 Proves Portability and Power Can Coexist

June 24, 2025
Infinix InBook Air

Infinix InBook Air Review: Perfect Laptop for Students and Simple Workflows

spotify-mobile

Spotify Lossless HiFi Update Nears Reality After Years of Delay

June 23, 2025
whatsapp

WhatsApp Is Testing a New AI Tool To Help Users Write Texts

June 23, 2025
SHIF Status

How to Check Your SHIF Status in Kenya: A Complete Guide

June 23, 2025
Techweez | Tech News, Reviews, Deals, Tips and How To
  • News
  • Entertainment
  • Reviews
  • Features
  • Editorial
No Result
View All Result
Techweez | Tech News, Reviews, Deals, Tips and How To
  • News
  • Entertainment
  • Reviews
  • Features
  • Editorial
No Result
View All Result
Techweez | Tech News, Reviews, Deals, Tips and How To
No Result
View All Result

Telkom’s T-Kash and M-PESA Integration to See Remarkable Cuts in Transaction Fees

Kenn Abuya by Kenn Abuya
October 1, 2018
in News
Reading Time: 2 mins read
253
5
Telkom Kenya

Telkom KenyaMobile money services have grown, and will most likely take an upward trajectory in coming days in Kenya. This development was conceptualized more than a decade ago when Kenyans started to enjoy the services of Safaricom-powered M-PESA. The onset of that innovation has ballooned so much that the country tops the list of nations with vast mobile money penetration across the globe.

Admittedly, M-PESA is the market leader in the game, and has, therefore, been integrated into other fintech-based products. The growth of mobile-based financial services, among other successes, has bolstered the offerings of Safaricom’s primary moneymaker. Its numbers command billions of shillings in terms of transaction volumes, hence, sheer dominance forced regulators to compel mobile money interoperability in the process of leveling the playing ground for others.

The first phase of mobile money operability went live a couple of months ago as we reported on this post. Airtel Kenya was behind the marketing that we saw on the dailies.

The cross-network mobile transfer has received another shot in the arm, but this time, it is marked by a significant drop in transaction fees. The charges, which echo the integration of Telkom’s T-Kash and M-PESA, will be cut by a healthy 76%.

We noticed the integration of cross-platform transfers in Safaricom’s utility app, but at that time, the fees were still astronomical. Soon, if users send money to either of the integrated services, funds will be reflected instantly on the recipient’s wallet.

Also, the reduction of fees translates to what carriers charge for on-net transactions. In other words, sending KES 500 from M-PESA to another M-PESA account holder costs KES 15, which is the same amount that will be charged for monies remitted to T-Kash.

We are not sure if existing charges will be revised because Telkom says the implementation will levy KES 10 from KES 35 for KES 1000 sent from T-Kash to M-PESA. Conversely, M-PESA will impose KES 11 on the same transaction.

The rollout, which scheduled to go live on Thursday, should squeeze the KES 35 to 309 range to KES 10 to 105.

Tags: SafaricomT-kashTelkom Kenya
SendShare147Tweet92
Kenn Abuya

Kenn Abuya

Kenn Abuya is a friend of technology, with bias in enterprise and mobile tech. Share your thoughts, tips and hate mail at [email protected]

Related Posts

Unified Payment Interface

CBK’s New Fast Payment System Plan Could Rival M-Pesa

June 24, 2025
Kenya Safaricom share sale

Kenya Plans Mega Sale of Safaricom Shares to Raise Over a Billion Dollars

May 26, 2025
Safaricom, Airtel, Telkom lawsuit

Safaricom, Airtel, Telkom and CA Sued in Data Rollover Lawsuit

May 28, 2025
Safaricom launches revamped business loans

Safaricom Unveils Business Credit via M-PESA and Pochi Wallets

May 21, 2025
Safaricom Quickmart partnership

Safaricom 4G and 5G Routers Now Available at Quickmart Stores

May 17, 2025
Safaricom 5G for Business

How Safaricom 5G is Revolutionizing Enterprise Connectivity

May 17, 2025

Latest

Communications Authority ranked by ITU as best in Africa ICT regulations

Media Blackout: Communications Authority Orders Halt to Live Protest Coverage

June 25, 2025
social media protests Kenya

#SiriNiNumbers: Gen Z-Led Protests Dominate Kenyan Streets and Social Media

June 25, 2025
How to Secure Your Phone and Yourself During Protests

How to Secure Your Phone (and Yourself) During Protests

June 25, 2025
xiaomi

Xiaomi June 26 Mega Launch: From EVs to Foldables

June 24, 2025
All-Screen-iPhone-2027-Apple

Apple Reportedly Working on an All-Screen iPhone

June 24, 2025
Unified Payment Interface

CBK’s New Fast Payment System Plan Could Rival M-Pesa

June 24, 2025

Best devices

budget smartwatches 2025

Best Budget Smartwatches To Buy in Kenya 2025

February 13, 2025

Best Infinix Smartphones To Buy in Kenya 2024

February 13, 2025

Best Laptops for Battery Life in 2024

August 21, 2024

Best “Battery Warrior” Smartphones To Buy in 2024

August 22, 2024

Media Blackout: Communications Authority Orders Halt to Live Protest Coverage

June 25, 2025

#SiriNiNumbers: Gen Z-Led Protests Dominate Kenyan Streets and Social Media

June 25, 2025

Techweez is a fast growing influential source of technology news, reviews and analysis by leading tech geeks in the industry.

Follow Us

Editorials

Abductions and Arrests! Kenyan Government’s Fear and Hate of X Users Makes No Sense

Actors and Film Crews Are Worried About Veo 3 Taking Their Jobs

Samsung QLED TVs Now Officially Certified for Real Quantum Dot Technology

Trump’s Tariffs Will Be the End of Affordable Tech

5 Ways to Prep Your Tech for Resale

The Weaponization of PDFs: How Cybercriminals Are Exploiting a Trusted Format

More News

Starlink Resumes Sign-Ups in Nairobi After 7-Month Freeze

ASUS ROG Flow Z13 Proves Portability and Power Can Coexist

Infinix InBook Air Review: Perfect Laptop for Students and Simple Workflows

Spotify Lossless HiFi Update Nears Reality After Years of Delay

WhatsApp Is Testing a New AI Tool To Help Users Write Texts

How to Check Your SHIF Status in Kenya: A Complete Guide

  • Terms Of Use
  • Techweez Brand
  • Privacy & Policy
  • Contact Us

© 2024 Techweez - Palahala Media Group may earn a commission when you buy through links on our sites.
A Palahala Media Group Brand. All rights reserved.
.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Techweez | Tech News, Reviews, Deals, Tips and How To
Crunchy Cookies 🍪 Ahead!

Hey there! Just a heads-up: we're big fans of cookies - both the digital and edible kind! 🍪 We use our cookies and some from third parties to ensure your browsing experience on our site is smooth sailing and secure.

 

But wait, there's more! We also use cookies to gather stats and insights on how you navigate our site. It's like getting a behind-the-scenes peek at your digital adventures!

 

Don't worry, you're in control. You can adjust your cookie settings anytime to suit your preferences. Feeling curious? Dive into our Privacy Policy for all the juicy details. Happy browsing! 🚀

Functional Always active
Listen, this legal stuff is about as exciting as watching paint dry. But it basically says we only use your stuff for what you asked us to do, and nobody else gets to peek!
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
It's those sneaky cookie crumbs websites leave behind to count visitors, like counting ants at a picnic! Totally harmless, just for fun facts. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
Hey there! Just letting you know we use some fancy gizmos to remember your preferences. This way, we can show you ads that are, well, not completely bananas.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Make cookies
{title} {title} {title}
Techweez | Tech News, Reviews, Deals, Tips and How To
Crunchy Cookies 🍪 Ahead!
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
Listen, this legal stuff is about as exciting as watching paint dry. But it basically says we only use your stuff for what you asked us to do, and nobody else gets to peek!
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
It's those sneaky cookie crumbs websites leave behind to count visitors, like counting ants at a picnic! Totally harmless, just for fun facts. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
Hey there! Just letting you know we use some fancy gizmos to remember your preferences. This way, we can show you ads that are, well, not completely bananas.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Make cookies
{title} {title} {title}
No Result
View All Result
  • News
  • Reviews
  • Features
  • Editorial
  • Automotive
  • Entertainment

© 2024 Techweez - Palahala Media Group may earn a commission when you buy through links on our sites.
A Palahala Media Group Brand. All rights reserved.
.