Tag: m-pesa
Mpesa Unregistered Users Given Deadline to Withdraw Funds
Safaricom, will no longer allow unregistered mobile money accounts to transact via mpesa. The company becomes the first telco to issue such a directive...
Co-op Bank Raises ATM Withdrawal Limit After a Decade
Co-operative Bank of Kenya (Co-op Bank) increased its daily ATM withdrawal limit by 50% to KES 60,000, aligning with other banks that are reevaluating...
Directline Assurance Mandates PSVs to Adopt Cashless Payments
An Auto insurance company in Kenya is making it mandatory for all Public Service Vehicles (PSV) seeking it's Auto insurance policy to go cashless....
M-Pesa Paybill “Technical Issue” Persists 12 Hours later
A technical issue facing M-PESA Paybill is still affecting transactions this morning. This was confirmed by Safaricom and comes 12 hours after the company...
M-Pesa’s Sitoyo Lopokoiyit, to Be Inducted Into Digital Finance Hall of Fame
M-Pesa Africa Managing Director, Mr. Sitoyo Lopokoiyit is to be inducted in the 11:FS Hall of Fame for his role in driving financial inclusion...
M-Pesa Holding Company Now 100% Safaricom-Owned
Safaricom has fully bought M-Pesa Holding Company Limited (MHCL) from the British multinational Vodafone International Holdings BV. The share purchase agreement has led to...
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...
M-Pesa Savings Initiatives Have More Female Users Than Male
In an increasingly digital world, women are still less likely than men to own a mobile phone and use key services, such as mobile...
Safaricom Services to Suffer Limitations Sunday Night
Safaricom announced to a network maintenance. As it routinely happens, this will have an effect on services
Customers should take note that on 8th October 2023,...
Numbers Show Kenya is a Fuliza Nation
Numbers from Kenya’s largest telco Safaricom indicate Kenya is very much a Fuliza nation. This is based on Safaricom’s Financial Inclusion profile revealed as...
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...
Sim Swap Fraudster Nabbed in Safaricom Shop Sting Operation
The Directorate of Criminal Investigations (DCI) has arrested a sim swap fraudster. The fraudster was arrested by DCI officers based in Thika.
According to a...
Safaricom Sued For Intellectual Property Infringement
A high court judge has ruled that Safaricom has a case to answer regarding Intellectual property (IP) infringement allegations. Kenyan businessman Peter Nthabi Muoki...
M-Pesa Daraja API to Experience Limitations
Daraja API is an Application Programming Interface that creates a bridge for payment integration to web and mobile apps. In a web app, it...
M-Pesa Transaction Limit Increased to a Quarter Million
Safaricom has today increased M-PESA transactions limit to KSh. 250,000 for each transaction. This announcement came after the Mobile money platform received approval from...
Safaricom’s Juliana Rotich Joins Bill & Melinda Gates Foundation Board
Juliana Rotich who serves as the Head of the Department-Fintech Solution (M-Pesa) at Safaricom has a new board role. On her LinkedIn page, Ms....
How to Perform KCB to M-Pesa Transactions
KCB to M-Pesa and vice versa are frequent transactions. The Kenya Commercial Bank (Kenya) Ltd is a financial services provider licensed as a commercial...
M-Pesa Ecosystem Supporting Over 1 Million Businesses in Africa
The M-Pesa ecosystem is proving to be a crucial infrastructure for businesses and customers on the African continent. Currently, M-Pesa is enabling more than...
Shock as Loop Reinstates M-Pesa To Loop Charges
NCBA Loop has officially reinstated M-Pesa to Loop charges. According to Loop, the charges were reintroduced following “a business decision”. For a while now,...
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)...
M-Pesa to roll Out Standing Orders to its Users
M-Pesa is poised to roll out a standing orders feature to its users. Traditionally, Safaricom’s M-Pesa has led other mobile money in innovation and...
Safaricom Rolls Out M-Pesa In Ethiopia
On Wednesday 16th August 2023, Safaricom officially launched its mobile banking service M-Pesa in Ethiopia.
“We are excited to go live with M-Pesa in...
Safaricom Intros M-PESA Transfers to Pakistan, Bangladesh in New Partnership
Safaricom has partnered with TerraPay (Mobex Kenya) to facilitate mobile transfer between Kenya, Bangladesh and Pakistan.
This partnership will empower more than 32 million M-PESA...
Notice!! M-Pesa Services Unavailable Tomorrow For 20 Mins
Safaricom has announced to its customers the unavailability of Mpesa on the morning of Monday 26th June 2023. The M-pesa services will be unavailable...
Next of Kin: How to Claim M-Pesa Funds in the Event of Death
On their M-Pesa account, a person close to you may elect you as next of kin. In the unfortunate event that they pass on,...
Lipa na M-Pesa to be Intermittently Available on Saturday
Some M-Pesa services and other Safaricom services will be unavailable intermittently. This is as a result of a planned system maintenance by Safaricom.
The maintenance...
Hustler Fund Brings Back 2 Million People to M-Pesa
The Hustler Fund is a credit facility brought to Kenyans by the Kenya Kwanza government. Launched by the government and facilitated by private sector...
Kenya Students to Receive HELB Loans Directly to Their M-PESA Accounts
Telco Safaricom and HELB have announced two key partnerships today. The first one is the launch of the HELB Mobile Wallet and HELB M-PESA...
M-PESA Invests Over KES 260m in New Office
Today, M-PESA Africa has unveiled a Shared Service Operations Centre (SSOC) in Nairobi.
The main service of the new office will be to supervise service...
The KES 305 Billion Safaricom Case, and Why Telco is Being Sued
Safaricom, Vodafone Group, and other companies, as well as two government agencies, are being sued by three Kenyan M-PESA users about their Fuliza overdraft...
NCBA Loop Versus M-PESA Tariffs: Which One is Cheaper?
Kenyans were spoilt for choice when the Central Bank of Kenya dismissed bank-to-mobile money charges back when the COVID-19 pandemic had started. This was...
These M-PESA Services Will Be Offline for Thirty Minutes on Sunday Morning
If you're a Safaricom customer, you might recall a time when network outages were a common and frustrating thing. However, the telco has made...
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...
Safaricom Details Why M-PESA Has Been ‘Operating’ Itself
Some people have been having issues with M-PESA, with some reporting that the mobile money product has been ‘operating’ itself without their customers.
Turns out,...
High Court Gives M-PESA, Banks Go Ahead to Re-introduce Transfer Fees
The High Court in Kenya has decided against continuing a previous order that prevented banks and mobile money providers from imposing fees for money...