The Central Bank of Kenya (CBK) has announced the resumption of charges for transactions above Ksh.100 effected through bank-specific (in-house) mobile money wallets that are closely linked to the Savings ..
The Central Bank of Kenya recently announced that it will not extend the waiver of fees on mobile money transfers below Ksh. 1,000 and that it would end on 31st December 2020 following a consultation ..
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 ..
The Central Bank of Kenya has announced that the waiver of fees on mobile money transfers below Ksh. 1,000 will end on 31st December 2020 following a consultation it held with Payment Service Providers ..
Entersekt, a leader in device identity and omnichannel authentication, has announced a partnership with Cellulant, Africa’s leading financial technology company to deliver safer banking solutions. The partnership ..
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 ..
There some of those thing that get launched that you wonder who tf needs them, and an example is the latest unveiled MPESA USSD – the *334#. I’m not sure for purpose Safaricom thought that ..
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 ..
Let’s be clear from the beginning, it is not MPESA. Being a Kenyan though, I can be forgiven for calling the Mobile Money that will be delivered to Brazilians through WhatsApp mobile money transfer ..
The Central Bank of Kenya (CBK) has announced that Kenya shillings 1000 will be the new minimum threshold for negative credit information that lenders will submit to the Credit Reference Bureaus (CRB) ..
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 ..
NilePay PLC, the leading Electronic Financial Services Company partnered with Zain South Sudan to launch the first licensed mobile money service in South Sudan dubbed NilePay Mobile Money. The partnership ..
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 ..
Have you ever tried a keyboard for your Android device other than the phone’s stock keyboard? Probably not. This I say because every single human who has ever given me her phone for things like inputting ..
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 ..
What’s your limit for Mshwari loans? Let’s assume it is 10,000. Now, for the next 12 months, I want you to be borrowing the Kshs 10,000 each month as you repay. Each month, you will be paying ..
Barclays Bank of Kenya this morning launched a mobile loan platform meant to serve hustlers on Safaricom network. The launch that was done by Barclays Bank MD Mr. Jeremy Awori and graced by Craft Silicon ..
On the story asking why Wangusi was sent home, I mentioned that Safaricom dominance issue could not be the reason. Since then I have spent a lot of time thinking about the issue of Safaricom dominance ..
The year 2017 will probably be more associated with the forth-coming general elections in Kenya and whatever will happen thereafter but this is also the year M-PESA turned ten. M-pesa was launched ..
You may not have noticed, but MPESA has been having outages in the last two weeks. The outages have been scheduled to happen intermittently to allow for a major MPESA upgrade to take place within the period. ..
Orange Money is no more, this is because Telkom Kenya discontinued the platform; being one the changes the teleco made when it rebranded from Orange to Telkom Kenya. One of the reasons provided for the discontinuation, ..
50% of Kenyans are on MPESA, but the number of Kenyans who pay for goods and services using Lipa Na MPESA are negligible. There are two reasons why you probably don’t pay for anything using Lipa ..
3.35trillion. This is the amount of money moved via mobile money transfer in the last one year. This represents a 20% growth from the previous year to hit the 3trillion mark. This is according to the most ..
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 ..