A few years ago bitcoins made headlines globally when the cryptocurrency’s price spiked more than a thousand fold, and then it fell almost flat footed. The volatility of the cryptocurrency together ..
BPC’s automated fare collection service provider, O-CITY has announced its new initiative dubbed ‘Lipafare’ aimed at driving contactless payments across 10,000 matatu buses in Nairobi, Kenya. The O-CITY ..
The waiver on mobile money transactions of up to Ksh.1, 000 could be impacting negatively on Safaricom’s earnings. The telco company announced the zero-rating of the person to person and Lipa na M-PESA ..
When President Uhuru Kenyatta appeared to give his first address regarding the COVID-19 pandemic in the country, he directed telco companies to explore ways of deepening mobile money usage to reduce the risk ..
Telco company Safaricom PLC has today waived fees on the Mobile Money Transfer, MPESA for transactions below Ksh1,000 following the coronavirus pandemic that has threatened to bring the planet down to its knees ..
Finserve (or rather equitel), partnered with Equity Insurance and Britam Microinsurance to offer monetary compensation of Equitel Subscribers in case of hospitalization. The Insurance cover going the name ..
Kipchoge, the first human who intends to run a marathon in under 2 hours, will be MPESA’s brand ambassador. To celebrate this, MPESA has rebranded. To help Kenyans with celebrating Kipchoge’s ..
MPESA, the single most important product that has made Kenya be seen as leader in tech, has been recognized amongst the top most important financial products in the last 50 years. The recognition was made ..
The latest financial service App, integrated with social and lifestyle features, complete with its own keyboard, has been up and running for well over three weeks now. In the course of the almost one month ..
Ever since Safaricom introduced MPESA in 2007, the biggest headache it has had is people performing MPESA transactions at MPESA agents’ shops without producing National IDs. This headache increases ..
As someone who has been using PayPal for almost ten years now, the announcement this morning that Safaricom has made a deal with Paypal and TransferTo to enable movement of funds between M-PESA and PayPal ..
Both banking institutions and mobile banking platforms have been under pressure from the business regulator, Communications Authority of Kenya (CA), to make transparent ALL of their charges to the consumer. ..
Commercial banks and telecommunications companies are lagging behind in implementing a directive to disclose all fees on mobile money transactions to the customers. According to the Competition Authority ..
The total number of mobile money transfer subscriptions stood at 31 million during Q3 2016 while the number of mobile money agents stood at 169,698. A total of 400.6 million transactions (deposits and withdrawals) ..