Tag: Airtel Money
Airtel Money Lowers eCitizen Services Transaction Fees
Airtel Money Kenya has today announced a new partnership with eCitizen that will see its customers enjoy up to 25% lower transaction fees when...
High Mobile Sector Taxation in Kenya Cause of Reduced Usage and Lower Revenue -Report
Kenya's mobile sector has experienced significant changes in taxation in recent years, impacting both consumers and the government's revenue. The excise duty on mobile...
Airtel Adjusts its Mobile Money Charges
Airtel Money has revised its mobile money transfer and withdrawal transaction charges in Kenya effective from October 25, 2023.
As a result, the telco is...
Kenya’s Mobile Money Tax Is One of Africa’s Highest
The government of Kenya's tax on mobile money transactions is one of the highest in the African continent. First introduced in 2012, government taxes...
How to Send Money from M-PESA to Airtel Money Without Withdrawal Code
It is now more convenient and easier to load money on your Airtel Money wallet directly from M-PESA without requiring a withdrawal code.
Initially, to...
Digital Payment Adoption Rises Among Kenya’s MSEs – Survey
Survey findings indicate that small businesses are increasingly leveraging Digital Payment platforms to run their operations. This means more Micro and Small Enterprises (MSEs)...
Airtel Money Increases its Per Transaction Limit to KES 250,000
Airtel Money has increased the limit a user can transact in one instance. Henceforth, Airtel Money users can transact upto KES 250,000 at a...
Airtel Money Increases Transaction Limit to KES 500,000
Airtel Money Kenya Ltd has announced it will increasing its daily transaction limit to KES. 500,000 from the current KES. 300,000 following the approval...
Airtel Money, Britam and Inclusivity Solutions Launch Insurance Products
Airtel Money Kenya and Britam have partnered with Inclusivity Solutions a digital insurance provider, to launch a suite of insurance covers tailored to cater...
Airtel Money: Now Pay KPLC Bills with Zero Transaction Fees
Kenyans can now pay Kenya Power (KPLC) electricity bills at zero transaction fees. This good news comes after Airtel Money and Kenya power signed...
Kenya Has 300,000 5G Users
5G has made interesting progress in the past two years with Safaricom leading the way and now Airtel joining the bandwagon. The latest sector...
Equity Bank to M-PESA, Airtel Money Charges for 2023
At the start of 2023, Kenyan banks re-introduced bank-to-mobile money charges, which had been dropped by the CBK at the start of the pandemic...
NCBA to M-PESA, Airtel Money Charges Effective 2023
The Central Bank of Kenya has announced that it will start charging fees for bank-to-mobile money transfers on January 1, 2023.
READ MORE: Family...
Family Bank to M-PESA, Airtel Money Charges Effective 2023
The Central Bank of Kenya just announced that they're going to start charging fees for bank-to-mobile money transfers starting January 1, 2023. This is...
Transaction Charges for Sending Money from National Bank to M-PESA, Airtel Money in 2023
The Central Bank of Kenya has announced that beginning January 1, 2023, bank-to-mobile money transfers will incur fees.
This change comes after the financial...
Airtel Money is Officially a Separate Business Entity from Airtel Kenya
A couple of months ago, we learned and reported that Airtel Money was going to be split from Airtel Kenya. It marked the first...
State of Mobile Money in Kenya in 2022: M-PESA, T-Kash and Airtel Money
Mobile money penetration has grown steadily since last year when it stood at 68%. It now stands at 73.8% as of March 2022 according...
Airtel Money Taps Former CDSC Exec as Board Chair
Airtel Kenya has announced the appointment of Rose Mambo as chair for Airtel Money Kenya Limited.
This follows the split of the mobile money product,...
Airtel Money Has Been Split from Airtel Kenya
Airtel Kenya has announced that it will be separating its mobile money product, Airtel Money, from the company.
Airtel Money will then be under Airtel...
One More Step to Full Mobile Money Interoperability as Cross-platform Paybill Service Goes Official
At the start of the year, it was revealed that the CBK was planning to launch an interoperability system that would see Safaricom’s M-PESA...
Mobile Money Penetration Hits 73.8 Percent Thanks to M-PESA
The latest sector data from the Communications Authority of Kenya has revealed that Safaricom’s M-PESA is still king in the mobile money space. We...
Airtel Kenya’s Struggle To Raise Funds Sees It Sell A Quarter Of Its Mobile Money Stake For KES 64B
Airtel Kenya has sold 25.77 percent of its mobile money product Airtel Money in a deal that seeks to raise more cash for the...
M-PESA, T-Kash and Airtel Money Agency Interoperability To Launch in 2024
The last couple of days or weeks have been interesting in the mobile money space.
See, it has become apparent to many people now that...
Mobile Money Merchant Payment Interoperability Launch This Friday
A couple of days ago, we had learnt that the CBK was in the process of compelling Safaricom’s Lipa na M-PESA product to accept...
Here Are Airtel Money Transaction Charges for 2022
M-PESA is part of Kenyans now because the majority of locals use Safaricom services (the telco has more than 64 percent market share). The...
CBK Wants Lipa Na M-PESA To Accept Payments from Other Wallets By 2024
The mobile money war in Kenya is not a new thing: the space has for a long time been cannibalized by M-PESA, which started...
Airtel Africa to Spin off Airtel Money by the End of the Year
Mobile money is king in Africa and its impressive growth is making telcos in the continent consider running their mobile money services independent of...
M-PESA Has 98.5 Percent Mobile Money Subscriptions in Kenya, So Why Do The Rest Even Try to Compete?
Data about mobile money services has been released by the ICT regulator the Communications Authority of Kenya (CA) for the first quarter of the...
Businesses in Kenya Can Now Accept Payments from Airtel Money Following Partnership with Flutterwave
Airtel Money, the second-largest mobile money platform in Kenya after M-PESA has announced a collaboration with Flutterwave, an African payments platform that 'lets you...
Airtel Money, World Remit to Allow Customers to Receive Money From 129 Countries
Airtel Money has partnered with World Remit to allow Airtel customers to receive money from 129 countries, free of charge.
World Remit is an international...
Airtel Money Reduces Withdrawal Fees In Tariff Changes
Airtel Kenya is set to revise its mobile money charges from June 3.
The changes will affect the amount customers pay to withdraw funds from...
Airtel Money Payments Hit the Road in Kenya with Jumia
Jumia and Airtel Kenya have today announced their partnership which will see consumers complete their online payment transactions using Airtel Money.
“Millions of Kenyans rely...
Airtel Africa and MoneyGram Deal To See Global Transfers to Airtel Money Wallet
MoneyGram, a cross-border 2P2 payments and money transfers has struck a deal with Airtel Africa that serves 14 countries in the continent.
Airtel Money Customers To Make Online Deposits and Withdrawals From Standard Chartered
Airtel Money’s customers will be able to make real-time online deposits and withdrawals from Standard Chartered bank accounts, receive international money transfers directly to their wallets, and access savings products amongst other services.
M-PESA is Nearing 99 Percent Market Share as T-Kash, Airtel Money Dwindle
Mobile money services are a success in Kenya owing to the work done by operators, mainly Safaricom. The service, and its associated products are...
