Tag: m-pesa
Safaricom Pumps KES 407 Million Into M-PESA Global Expansion Strategy
In November 2018, telco Safaricom launched M-PESA Global. The product was an expansion of the carrier’s financial services to other countries. It allows users...
Telkom’s T-Kash Expands Agent Base as M-PESA, Airtel Money Lose Some
The popularity of mobile money services in the Kenyan market is unprecedented. The sector surpassed expectations, and can solely be linked to the launch...
Safaricom CEO Bob Collymore Tenure Extended, Says Business with Troubled Huawei to Stay
Telco Safaricom is one of the sponsors of the Shared Value Summit that is taking place in Nairobi. The event, which started earlier today,...
M-PESA is Safaricom’s Top Earner as Net Profits Hit KES 63.4 Billion Amid Poor One Tap Performance
Safaricom’s FY2019 earnings have been announced in an event held earlier today at the telco’s head office. The numbers are not surprising because the...
Telkom Hits 100K T-Kash Customers One Year After Launch
The Communication Authority’s Sector Statistics report for the second quarter of the FY 2018/2019 has been out for some time now. It includes several...
AliExpress Integrates M-PESA Payments for Kenya Customers
AliExpress is a popular Chinese e-commerce platform that rivals the likes of Amazon, but for the Asian market and to a larger extent, Africa...
Masoko to Leverage Mpesa Agency Network for Ecommerce Deliveries
The e-commerce space is getting the attention and competition it deserves for the benefit of the Kenyan consumer. Masoko, whose entry into the online...
NSSF Partners with Safaricom’s M-PESA to Enable Seamless Remittances
Members of the National Social Security Fund (NSSF) will now be able to remit their contributions via Safaricom’s mobile money product, M-PESA. This development...
The Unforeseen Consequences of Safaricom’s Overdraft Facility Fuliza
A couple of weeks ago, telco Safaricom released an overdraft facility referred to as Fuliza. Owing to the carrier’s vast reach and robust marketing...
M-PESA Surpasses Safaricom as East Africa’s Strongest Superbrand
Market research firm Kantar TNS has released its survey report for superbrands for 2019/2020. The brief analysis paints interesting trends in Kenya’s consumer space...
Deep Dive into the Revamped KCB M-Pesa Facility
Digital mobile lending in Kenya is a space that is ever growing, whether the motivation is to push for financial inclusion or to simply...
Airtel, Telkom Kenya Voice Traffic Up as Mobile Money Subscriptions Approach 30 Million
The Communications Authority of Kenya’s sector statistics report for the first quarter of 2018/2019 was released earlier today. Among the most interesting aspects of...
Government to Launch New Mobile Money Product, Admits Poor Uptake of Interoperability
On December 8, Safaricom’s M-PESA services were subject to an outage that lasted for a couple of hours. The loss of service for the...
M-PESA is Down… Again
As some of you may have noticed, M-PESA is down again. Issues were first noticed on Saturday evening, and after a few hours, services...
Safaricom Moves to Improve Lipa Na M-Pesa Payments in Supermarkets
One of the biggest hurdles Safaricom has struggled to overcome has been with the Lipa Na M-Pesa process, especially at supermarkets. Aside from requiring...
All You Need to Know About M-Pesa Global and Transaction Charges
M-Pesa is one of Kenya's biggest achievements and a success story of how the service revolutionized money transfer and financial inclusion. In an effort...
Safaricom’s Fuliza Interest Rates And Other Details You Need to Know
What you need to know about Fuliza, a Safaricom mobile overdraft service for bills and sending money.
How To Send and Receive Money Across M-Pesa and Western Union
Safaricom has today announced a partnership between the telco and financial services company, Western Union. This partnership will allow Western Union and M-Pesa customers to...
Safaricom to Introduce Fuliza, an Overdraft Facility on M-Pesa Transactions
During the announcement of the company's Half Year results, Safaricom took the opportunity to announce that they will be introducing overdrafts on M-Pesa, the...
M-Pesa to Airtel Money Transaction Charges
Since Mobile Money Interoperability was launched in Kenya, we have seen great improvements and even lower prices to send money from one network to...
Airtel Money to M-Pesa Transaction Charges
Since Mobile Money Interoperability was launched in Kenya, we have seen great improvements and even lower prices to send money from one network to...
M-Pesa to T-Kash Transaction Charges
Since Mobile Money Interoperability was launched in Kenya, we have seen great improvements and even lower prices to send money from one network to...
T-Kash to M-Pesa Transaction Charges
Since Mobile Money Interoperability was launched in Kenya, we have seen great improvements and even lower prices to send money from one network to...
Here’s Why You Have Cents On Your M-Pesa Balance
The other day, a Twitter bushfire was lit when one Kenyan going by the handle @ItsMutai tweeted asking Kenyans to pay attention to their...
Reduced T-Kash/MPESA Integration Transaction Fees Are Now Live
Telkom and Safaricom announced the integration of their mobile money products a couple of days ago. The integration development means that sending or receiving...
Telkom’s T-Kash and M-PESA Integration to See Remarkable Cuts in Transaction Fees
Mobile money services have grown, and will most likely take an upward trajectory in coming days in Kenya. This development was conceptualized more than...
Safaricom Commits to Assist Customers Manage Data and Reimburse If that Fails
During Safaricom's 10th Annual General Meeting, the CEO, Bob Collymore, announced that the company was working on measures to improve the data experience of...
22 Suspects Arrested Over Kenya’s Rampant SIM Swap Fraud
Ever since it was brought to the public attention that there are scammers out there swapping people's SIM cards and defrauding them of thousands...
Mombasa is Yet to Get Bitten by the Mobile Money Bug
The latest stats by the Communication Authority of Kenya reveal that as much as active mobile money subscriptions have taken a shortfall by 3...
M-Pesa Loses Ground on Person-to-Person Money Transfers (UPDATED: NO THEY AREN’T)
UPDATE: The article below was based on figures provided by the Communications Authority of Kenya reporting on the mobile money transactions during the first...
