Tag: mobile money
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...
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...
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...
Kenya President Proposes Tax Increase on Internet, Mobile Money and Telephone Calls
Kenya's parliament proposed the postponement of the controversial 16% VAT on petroleum products for two years after a public outcry that the standards of...
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...
TECNO’s Parent Company is Coming for Branch, M-Pesa Pockets
With the growth of mobile money services in Kenya and around a few African countries it is only natural for any company with the...
Simple Mobile Money Transaction Reveals Underlying Privacy Loopholes
A typical Kenyan day involves at least one instance where you will leave your phone number either at a security desk while getting into a...
Ugandans to Start Paying Tax for Social Media and Mobile Money Usage
At the beginning of April, Uganda's president, Yoweri Museveni stated that he would tax social media usage in the country, apparently, since they are...
Uganda Telcos Slash Agents Commission on Mobile Money and Airtime Transactions
In a move that might only be labelled as crazy, Ugandan telcos have been reported to cut the commission that mobile money agents earn...
Seamless Mobile Money Transactions Between Airtel and Safaricom to Begin Next Week
In January, Safaricom and Airtel announced that they were testing mobile money interoperability among their staff. This meant that M-Pesa users who receive money...
Telkom Kenya’s Mobile Money Service is Imminent as the CBK Finalizes Approval
Telkom Kenya rebranded from Orange Kenya after a series of activities involving its management, which include it being acquired by a private equity firm,...
Kenyans to Send and Receive Mobile Money Across Networks as Interoperability Pilot Kicks Off
Back in May 2017, we reported that mobile money interoperability would be available to consumers within three months but that did not happen. Months...
Kenya’s Mobile Money Payments on the Rise as Card Transactions Get Less Popular
Kenya’s uptake of mobile money services and its associated transactions continue to see a healthy growth thanks to new data that has been made...
Kenyan Advertisers May Soon Pay for Facebook Ads Via Mobile Money Solutions
Facebook-sponsored TechCrunch Startup Battlefield is one of the key events that are gracing Nairobi for the better part of the week. Specifically, the event...
Jamii Telecommunication Limited (JTL) May Take On Mobile Money Transfers With Faiba Money
Mobile money transfer services are uniquely Kenyan, and the solution is almost synonymous to Safaricom’s M-PESA amidst other players such Airtel Money, Equity Bank’s...
Orange Money is No More, Telkom Kenya’s New Mobile Money Solution Imminent
As of midnight today, July 4, Telkom Kenya will pull a plug on its mobile phone-based money transfer solution, Orange Money. Shutting down Orange...
Mastercard and Western Union Exploring Mobile and Digital Payments in Kenya’s Kakuma Refugee Camp
Following the realization that refugees can be emerging economies in their own right, Western Union and Mastercard have come together to turn refugee communities...
Mobile Money Solutions for Loans Still Soaring as Branch Reports a 15% Monthly Bump Since Launch
Branch, a Facebook-linked app that allows its users to score small loans through Safaricom’s mobile payment solution, M-Pesa has reported a 15% monthly growth.
The...
Cross-Network Mobile Money Transfer Could Reach Kenyans Sooner Than we Thought
Mobile money interoperability in Kenya is coming in the next three months. According to Business Daily, an agreement was reached on Thursday (4th May,...
Bitwala’s New Product Involves Sending Bitcoins To MPESA For Free
The mobile money revolution in Africa has made people send money across geographical borders. It is one of the best innovations we have had...
Facebook’s Ime Archibong Sees Massive Opportunity Working with Kenyan Developers
There is a massive opportunity for developers
Opinion: Kenya’s Privacy of Electronic Money at Risk
What is the suitable level of privacy and what counts as a private transaction? Are we automatically granting unfettered access to our personal data?
New Solution Simplifies Mobile Money Payments for Airline Tickets
Mobile Money solutions across the African continent have allowed for faster financial inclusion. The success of M-Pesa which launched in Kenya in 2007 has...
Tanzania’s 10% tax on Mobile Money Transactions Criticized
The move to impose a 10% tax has been criticized as counterproductive and likely to hurt the poor and rural dwellers.
Kenyans transacted 122 Million times via Mobile Money in transactions worth 290 Billion
The Communication Authority of Kenya released the Q1 2016 statistics report for the period between July and September 2015 on the mobile telephony sector. The...
Inappropriate Service Pricing and Marketing Hampering Mobile Money Growth
Mobile money services continue to grow world over with providers benefiting from the boom with revenues projected at 2 billion dollars in Kenya and...
Safaricom’s New Acquisition M-Ledger App Covers Large Gap In Personal Payments Reconciliation
Safaricom on Wednesday launched an app that will assist in tracking mobile money transactions on an easy to use user interface for Mpesa. The...
Kenyan MVNO Equitel Now Has 100,000 Subscribers
IMG Courtesy Infotake.co.keKenya recently opened up the market by legislation to Mobile Virtual Network Operators (MVNOs), basically meaning a mobile carrier can come in...
The Pros and Cons of Digital Wallets
As more people adopt a digital wallet purchasing method, you might wonder if it's something you should do too. Is it safe to store...
50% of Point-Of-Sale Payments Globally will Be Mobile in 2020 – Study
Mobile has made inroads into almost every aspect of our lives mainly due to penetration and the intimacy of the mobile phone. ABI Research...
