MOBILE MONEY

BANKING

Ten Years Down The Line and 80% Of Kenyan GDP Pass Through M-PESA

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…

Read More
MOBILE MONEY

Major MPESA outage coming up this Saturday

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…

Read More
MOBILE MONEY

The upcoming Telkom Money will also go nowhere

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…

Read More
MOBILE MONEY

MPESA 1 tap makes Lipa Na MPESA feel like magic

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…

Read More
BANKING

Kenyans transact over 3 Trillion via Mobile money.

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…

Read More
Safaricom MOBILE MONEY

Safaricom is updating the M-Pesa platform to allow customers to view transaction charges before completing the transaction

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….

Read More
BANKING

Banks and Telecommunications companies slow on implementing fees directive

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 of Kenya…

Read More
Mobile Money MOBILE MONEY

A total of 400.6 million transactions valued at Ksh.1 trillion, were made during Q3 2016 period through Mobile Money

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…

Read More
BANKING

Eazzy Loans : This is Equity Banks new one-month mobile based loan product

Equity Bank is putting on hold the Eazzy Plus Loans. Eazzy Plus Loan was attractive due to the fact that consumers could apply for loans payable in two months to…

Read More
Airtel Money BUSINESS

Airtel Money doubles the number of active agents base

It is really frustrating when you have to move around trying to locate an Airtel Money agent. Some of the shops branded as Airtel Money agents do not offer the…

Read More
BUSINESS

M-Pesa Kadogo – Safaricom drops charges for sending funds below Ksh.100

Why do you have to pay money to send money? That is a question that has been posed a number of times but somehow eluded the ears of the target…

Read More
MOBILE MONEY

Equity Bank’s EazzyApp simplifies making payments on EazzyPay

Slowly but surely Equitel is taking over the mobile money business – or at least it will soon offer formidable competition to MPESA. Take for example the last sector statistics…

Read More
MOBILE MONEY

The newly launched Eazzy App from Equity Bank takes away most reasons for visiting Equity Bank Branch – #EazzyBanking

It’s true that technology and Equity Bank have brought disruptions in the banking sector in Kenya, and to continue with the momentum, Equity Bank launched yet another tech product –…

Read More
KENYA

How to send money from Airtel to any network subscriber in Kenya (Safaricom or Orange) for free

Most individuals in Kenya use M-Pesa to send money to friends, family and acquaintances. The downside of this is that Safaricom double charges you. Yes, that is the truth. You…

Read More
BANKING

Flutterwave wants to transform payments processing in Kenya (and Africa)

Flutterwave, a startup that wants to make it big in Africa has set its inroads in Kenya’s already busy fintech playing field. Flutterwave hopes to ‘process payments to & from…

Read More
KENYA

Equitel Money has doubled its value of transactions while M-Pesa drops

Equitel money, the mobile transfer service from Equity Bank, has doubled its value of transactions in the mobile money business in three months. The latest report from the market oversight…

Read More
MOBILE MONEY

MoKash, Uganda’s Mshwari, registers 600,000 users 2 months into launch

MoKash a replicate of the successful M-Shwari service which has been operational in Kenya since 2012, has registered over 600,000 users less than two months into launching. MoKash which joins…

Read More
Airtel Money KENYA

How to buy Airtel UnlimiNet bundles via Airtel Money at a 5% Discount

The UnlimiNet deal is already sweet as it is. But what if I told you it gets even sweater. Why pay Ksh.2000 or ksh.1000 for the UnlimiNet Monthly offer and…

Read More
AFRICA

Jumia to get in the payments industry with Jumia Pay

Jumia to get in the payments processing industry with Jumia Pay I’d say the payments processing industry in Africa, and specifically Kenya has been quiet for a while after the…

Read More
MOBILE MONEY

Equitel Mobile Money to allow Chamas and joint account holders to authorize transactions straight from their mobile phones

Mobile money has hitherto been for individuals – individual account holders. But starting today, Investment groups, chamas and joint account holders can now withdraw cash from their Equity Bank accounts in…

Read More
MOBILE MONEY

Equitel is set to expand to all countries where Equity Bank has a presence

The Equity Bank’s mobile money platform Equitel is now ready to extend operations beyond Kenya. In a press statement, the regional financial services provider Equity Group announced yesterday that it…

Read More
MOBILE MONEY

Equity Bank has launched Loans for Smartphones, but It would have been better if they partnered with Jumia Kenya

Equity Bank has announced the launch of a loan product meant for Equitel customers to acquire smartphones. The Loans for Smartphones promotion will require the Equitel customers to purchase smartphones from…

Read More
MOBILE MONEY

Shs 5 million Stawisha na M-shwari winner is a 24 year old Student

24 Year old Leonard Kiplangat, a 4th year student at Moi University, has emerged as the KShs. 5 million winner in the Stawisha Na M-Shwari promotion. Mr. Kiplangat, a B.Sc. Education…

Read More
MOBILE MONEY

FINCA and First Access to give unsecured loans to East Africans. Credit scores to be generated from mobile data

Global microfinance leader FINCA and First Access, whose technology predicts the credit risk of borrowers in informal markets, announced a new collaboration that will create the largest and most sophisticated…

Read More
MOBILE MONEY

MPESA failed in South Africa because MPESA requires poverty to thrive

Everybody uses MPESA in Kenya, but that doesn’t mean that the service is welcomed in every other country. Currently, MPESA boasts of being present in 10 other countries outside of…

Read More
MOBILE MONEY

Three winners of Safaricom Stawisha na M-Shwari Promotion awarded shs 1 million each

Benjamin Wafula from Chekata, Kakamega County, W. Wanyingi from Nairobi County and Evans Ochieng from Kitui County are the winners of the first, second and third weekly draws of Kshs….

Read More
MOBILE MONEY

Equitel is not going to save Kenyans from M-PESA High Pricing anytime soon

If you live in Nairobi, it is cheaper to stack shs 100,000 in a brown envelop, get into a vehicle, and deliver it to someone in Nakuru than use M-PESA…

Read More
MOBILE MONEY

Ghana and Albania accelerates MPESA Growth to hit 25 million users

MPESA Growth has continued to accelerate since the launch of the service in Kenya back in 2007. A few years later, MPESA started venturing into other countries especially in East…

Read More
MOBILE MONEY

East Africa’s Branch Loans received Kshs 1 billion from Andreessen Horowitz in funding

Mobile Money has brought with it several savings and loaning products, and through Mobile Apps, the loaning products have taken a new angle. Peer to peer lending and straight bank…

Read More
MOBILE MONEY

MPESA Menu receives an update to allow KCB MPESA Account to be part of MPESA

It is slightly over a year since KCB and Safaricom introduced the KCB MPESA Account. After that one year, Safaricom has rolled out a major MPESA Menu update to incorporate…

Read More

Page 2 of 3

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password