Tag: Mobile Money

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 ...

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, ...