Safaricom launches MPESA 1Tap an NFC based reader
Following trials over the last four months in Nakuru, Safaricom has today announced the availability of M-PESA 1Tap in Nairobi, Mombasa, Kisumu, Eldoret and Nyeri.
M-PESA 1Tap will be available to all Lipa Na M-PESA merchants and customers and aims to make it faster and easier to make and receive cashless payments. The service is sort of an upgrade to Lipa Na M-PESA and applies more privacy during transactions.
MPESA 1Tap will help customers make a payments to merchants in retail shops across Kenya. The merchant will key in the payment amount into their device, tap the customer tag, and the customer will then key in their PIN on their phone to validate the payment. This cuts down the steps involved from more than eight steps using the M-PESA payment options earlier available.
Customers will initially have the option of obtaining an M-PESA 1Tap wristband, phone sticker or card which will allow payment integrations with M-PESA 1Tap merchant terminals. More convenient M-PESA 1Tap solutions are set to be rolled out in future. The tags are available from Safaricom shops and dealers from Ksh. 20.
M-PESA 1Tap builds on a strong foundation built on 10 years of learning and feedback from both our customers and merchants. We hope it will transform the world of cashless payments,” said Bob Collymore, CEO, Safaricom.
M-PESA 1Tap will be progressively rolled out to leading supermarkets, petrol stations, and restaurants. Some of the merchants where customers can now make payments with M-PESA 1Tap include Shell, Naivas, Choppies, KenolKobil, KFC, Oil Libya, Total and QuickMart. The merchant solution currently involves an NFC based reader integrated to merchants Lipa Na M-PESA tills.
M-PESA 1Tap was launched in May 2017 in Nakuru County, with more than 90,000 customers and 2,000 merchants taking up the service. Mobile cashless payments have increasingly grown popular in Kenya, with Central Bank of Kenya statistics showing that they accounted for 72.8 percent of cashless payments by value and 88 percent by number of cashless transactions in July 2017.