Tag: Mobile Money

Kenya’s mobile money ecosystem is experiencing remarkable growth, with subscriptions reaching 45.36 million, a 7.2% increase from the previous year. ...

In 2023, mobile money added $24 billion to Kenya's GDP, representing an 8.6% increase compared to the year before. This ...

The use of credit and debit cards for purchasing goods and services in Kenya has reached its lowest point in ...

Sub-Saharan Africa has shown significant growth in financial inclusion over the past decade. Much of this growth has been driven ...

The latest GSMA report, titled Driving digital transformation of the economy in Kenya, opportunities, policy reforms and the role of ...

In the budget statement by Cabinet Secretary Prof. Njuguna Ndung’u, the digital and ICT sector in Kenya has been hit ...

In 2023, the Kenya Mobile Money industry experienced a drop in transaction values for both bill payments and bulk disbursements. ...

Safaricom, will no longer allow unregistered mobile money accounts to transact via mpesa. The company becomes the first telco to ...

It is now more convenient and easier to load money on your Airtel Money wallet directly from M-PESA without requiring ...

Safaricom has partnered with TerraPay (Mobex Kenya) to facilitate mobile transfer between Kenya, Bangladesh and Pakistan. This partnership will empower ...

Airtel Uganda today convened with Key industry stakeholders to launch an Open Application Programming Interface (API) for their payments products. ...

At the end of 2022, the CBK reintroduced bank-to-mobile money charges. The development followed a waiver of under two years ...

In 2020, the Central Bank of Kenya (CBK) implemented a directive allowing for free money transfers from banks to mobile ...

For more than two years, people have been able to send money from their banks to mobile money wallets for ...

A couple of days ago, we learned that the CBK was in the process of reinstating bank to mobile money ...

At the start of the pandemic back in March 2022, the CBK announced that it had waived fees for sending ...

Over the last couple of quarters, we started noticing that the Communications Authority of Kenya (CA) was reporting less on ...

The GSMA has released its annual ‘State of the Industry Report on Mobile Money’ which in part revealed that mobile ...

A total of Ksh.3.8 trillion was handled by mobile money agents from January up to July of this year in ...

Airtel Africa, which served 14 countries in the continent, has announced the signing of an agreement under which The Rise ...

Card payments is one of the many ways to which people pay for goods and services in Kenya. The Central ...

Back in October 2018, we learnt that KRA had earmarked mobile money transaction data to boost tax revenues. The plan ...

The mobile market in Kenya has registered growth year on year. Thanks to the proliferation of fast 4G network and ...

There has been a mobile loan app boom in the last 5 years in Kenya. A lot of lenders have ...

Mobile money use cases are popular across the country and other parts of Africa. According to data collected by GeoPoll, ...

    It has since been revealed that Airtel Africa is prepping a listing in the London Stock Exchange, which ...

Today, Facebook announced Libra which is their new cryptocurrency platform which will be governed by the Libra Association. However, they also announced ...

The Communications Authority of Kenya’s sector statistics report for the first quarter of 2018/2019 was released earlier today. Among the ...

On December 8, Safaricom’s M-PESA services were subject to an outage that lasted for a couple of hours. The loss ...

Kenya’s telecoms operators are not the only services that have pursued mobile money interoperability. The development, which went live a ...

M-Pesa is one of Kenya's biggest achievements and a success story of how the service revolutionized money transfer and financial ...

Safaricom has today announced a partnership between the telco and financial services company, Western Union. This partnership will allow Western Union ...

Kenya’s ICT watchdog the Communications Authority (CA) released sector statistics for the fourth quarter of the financial year 2017/2018. As ...

The other day, we learned that the Kenya Revenue Authority (KRA) was planning to hone it tax-collecting practices by digging ...

The legal framework that governs the boundaries of the Kenya Revenue Authority (KRA) in terms of how far it should ...