Tag: 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...
Minors Will Not Access Fuliza Or M-Shwari In M-PESA Junior Accounts
We have since learned that Safaricom is prepping M-PESA Junior Accounts for minors. The development, which is subject to regulatory approval, will see the...
Once Again, M-PESA Tops Safaricom’s Service Revenues Over Voice At 38.3 Percent
Safaricom FY 2022 Financial Results ended March 2022 are here.
The carrier has shed light on how its flagship mobile money product M-PESA performed, following...
Safaricom To Launch M-PESA Visa Virtual Card For International Payments
Many M-PESA users have been wishing Safaricom would launch a virtual debit card for international online payments. This is a big issue because M-PESA...
Safaricom Launches M-PESA Junior Accounts For Minors
Safaricom has announced plans to launch M-PESA Junior Accounts for young Kenyans between the age of 10 to 18 years. These are individuals who...
Ethiopia Makes Way For M-PESA, Foreign Mobile Money Products In New Draft Bill
Safaricom has since entered the Ethiopian market after years of lobbying that cost USD 850 million.
Its entry into the country means that the telco...
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...
Mobile Money Industry Processes Record $1 Trillion in 2021
The GSMA has released its annual ‘State of the Industry Report on Mobile Money’ which in part revealed that mobile money adoption and use saw continued growth in 2021, processing a record $1 trillion annually.
All M-PESA and Service Charges for 2022
With more than 64 percent market share in Kenya, safaricom is the obvious leader in the telco space. It has more than 30 million...
Safaricom Hits Record High 30 Million Monthly Active M-PESA Users
Telco Safaricom has revealed that its active M-PESA users have surpassed the 30-million mark. To note, this is just for Kenya customers.
The development follows...
M-PESA Celebrates 15th Birthday Marked by 51M Customers, 61M Daily Transactions and 9M M-PESA App Downloads
Every Kenyan knows what M-PESA is. The mobile money product by Safaricom has grown substantially, broken many records, and has even been exported to...
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...
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...
Mobile Loan Defaults See A Drop in Mobile Money Subscriptions
Sector stats for Kenya’s telecoms space have been released by the Communications Authority of Kenya (CA).
These are numbers for the first quarter of the...
Safaricom to Move Drought Funds via M-PESA for Free
Telco Safaricom has today revealed a new collaboration with the Kenya government to facilitate free mobile money transfer to drought-stricken households in 23 Arid...
Safaricom to Give 16 Isuzu DMAX Trucks to Pochi La Biashara and Lipa Na M-PESA Business Owners in New...
Telco Safaricom has announced the start of a promotion that will see business owners who use the company’s Lipa Na M-PESA and Pochi La...
All M-PESA Services Will Be Offline for Four Hours on Sunday
2021 has seen Safaricom conduct a lot of fixes for its services.
So far, we can count up to 10 interruptions that have affected its...
All M-PESA Services Will Be Offline for Four Hours from Tomorrow Midnight
Safaricom has announced that M-PESA services will be unavailable from tomorrow midnight to the early morning of Wednesday, 20th October.
The interruption will see the...
NCBA and KCB To Use Respective Accounts, Including Mshwari and KCB M-PESA to Clear Fuliza Owed
Fuliza has been around for nearly three years now.
The overdraft facility helps Safaricom M-PESA customers complete payments or send cash to another person if...
All M-PESA Services Will Be Unavailable Tonight
Safaricom will be conducting a maintenance exercise on its mobile money product M-PESA today, Tuesday 21 to the early hours of Wednesday 22 Sept.
The...
You Can Give Reason for M-PESA Reversal Request in the M-PESA App
It has since become very clear that M-PESA is Safaricom’s leading money-maker. The mobile money product has been improved and imparted with many other...
How to Claim M-PESA and M-Shwari Funds of Your Deceased Relatives
Eventually, all of us are going to die, and when that happens, we might need to keep our houses in order.
In this case, many...
Safaricom’s M-PESA Now Has 50 Million Active Customers
Safaricom’s M-PESA has announced that it has reached 50 million active users in Africa.
By sheer numbers, this makes it the most popular mobile money...
VIDEO: Seven Cool Things To Do With The New M-PESA App
https://www.youtube.com/watch?v=Vx9cPA3gsFI
The M-PESA app is officially here, having been in the pilot phase for more than six months.
The app, as its name suggests, packages...
Huawei Users Can Now Pay For Apps In AppGallery Via M-PESA
Safaricom and Huawei have launched a payments platform that will allow Huawei phone users to pay for apps and games.
Named Direct Carrier Billing (DCB),...
M-PESA Services Back Online After an Afternoon of Delays
Safaricom launched the new M-PESA app today. This means it is officially out of beta, although the Play Store listing is yet to reflect...
Safaricom’s M-PESA May Launch In Ethiopia After All
Rumours about a Safaricom entry in Ethiopia, and effectively the launch of M-PESA services in the country started way back in 2019. Months later...
M-PESA-Amazon Integration Imminent, But It Solves One Part of The Problem
The development is part’s of Safaricom’s plan to boost its M-PESA earnings following revenue drops during the 2021 FY.
Safaricom M-PESA and Business Apps Are Down
Some of you may have noticed that the M-PESA app is not working. The issue started at around 1 PM today and is still...
M-PESA App Polishes Up PayBill Management, and You Can Now Natively Request for Cash
The new MPESA app seem to be picking new features fast.
Already, the app is one of the best-looking utility products ever made by the...
M-PESA Beats Parent Company as Kenya’s Top Superbrand
Safaricom’s M-PESA has been named as Kenya’s top superbrand.
The mobile money product was also ahead of its parent company, Safaricom, in the last survey.
Safaricom...
Safaricom is Testing a Standalone M-PESA App
Safaricom appears to be developing an M-PESA app following the publication of a similarly named app in Google Play Store.
The app, which has been...
CBK Stops Free Under KES 1000 Mobile Money Transfers
The COVID-19 pandemic saw the government, among other Kenya financial institutions introduce measures to cushion Kenyans from the financial pangs of the pandemic.
The...
Safaricom Signals Reducing M-PESA Transaction Fees
Telco Safaricom is reportedly considering reducing -PESA transaction charges in a plan that will see the operator retain high business volumes.
This development, first highlighted...
