Tag: Mobile Money

The Central Bank of Kenya (CBK) and the National Bank of Rwanda (NBR) have agreed to develop a license passporting ...

M-PESA launched on March 6, 2007, as a basic mobile money transfer service built by Safaricom. 19 years later, Safaricom ...

Kenya's financial system does not look the way it did a decade ago. Paying rent, settling utility bills, and even ...

Kenyans can now send and receive money across Africa instantly in the local currency. A new partnership between PesaLink and ...

Emirates has launched a split-payment feature for travelers booking flights in Kenya. This option allows customers to spread a single ...

Airtel Kenya is making a serious play to stop being Kenya's distant number two by investing in physical infrastructure that ...

Sitoyo Lopokoiyit, who serves as Managing Director of M-PESA Africa and Chief Financial Services Officer at Safaricom, was recently appointed ...

Residents in Busia District, Uganda, are walking across the border into Kenya just to access their own cash after the ...

Airtel Money and Diamond Trust Bank (DTB) have rolled out a new mobile money integration that allows customers to make ...

Fuliza recorded a 34.9% revenue rebound in the 2025/26 financial year, according to Safaricom Group’s half-year financial report. Revenue from ...

The Kenyan government is planning to significantly lower mobile money fees by about 57% through its upcoming National Financial Inclusion ...

Kenya’s mobile money sector has reached a major milestone, with the latest Communications Authority (CA) data showing 47.7 million active ...

Kenyan PayPal users were treated to good news last week regarding Safaricom's new update on the M-PESA app, bringing the ...

A recent global survey reveals that not all mobile phone owners employ basic digital security, specifically by failing to use ...

The process of how to send money across East Africa was a tedious one before mobile money crossed borders. Now, ...

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. ...

Onafriq, an African digital payments network, and Safaricom’s M-Pesa have signed an International Money Transfer Agreement. The agreement aims to ...

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

Pesalink has announced that it will soon have a merchant payment option to rival Safaricom's Lipa na M-pesa. The news ...

M-Pesa Africa Managing Director, Mr. Sitoyo Lopokoiyit is to be inducted in the 11:FS Hall of Fame for his role ...

In an increasingly digital world, women are still less likely than men to own a mobile phone and use key ...

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

KCB to MPesa and vice versa are frequent transactions. The Kenya Commercial Bank (Kenya) Ltd is a financial services provider ...

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

Safaricom Ethiopia through its newly established and wholly owned subsidiary, Safaricom M-PESA Mobile Financial Services PLC (Private Limited Company) received ...

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 ...