Search results for: M-Pesa

Tue, August 26th 2014, 10:30 · Susan Mwenesi

M-Pesa agents see individual commissions drop

Agents of Kenya’s M-Pesa mobile money service received KSh.10.6 billion (US$119.5 million) in total commissions for the year to March 2014, up almost 25 per cent on the previous year, although individual agents earn less as more agents join the network. → Read more
Wed, August 20th 2014, 11:00 · Susan Mwenesi

Safaricom cuts M-Pesa transaction fees

Kenya’s dominant operator Safaricom has announced up to 67 per cent cuts to transaction fees levied by the operator on transactions on its M-Pesa mobile money network. → Read more
Fri, August 1st 2014, 16:00 · Gabriella Mulligan

Vodacom launches revamped m-pesa for South Africa

South Africa’s leading operator Vodacom has announced a full overhaul of its m-pesa mobile money offering for its home market, admitting the service has not “enjoyed the overwhelming uptake seen in markets like Kenya and Tanzania”. → Read more
Mon, July 28th 2014, 13:06 · Susan Mwenesi

Airtel wins case against Safaricom to open up M-Pesa

The Communications Authority of Kenya (CAK) has ruled in favour of Airtel after the company accused its rival Safaricom of anti-competitive practice, a move coming weeks after Safaricom had decided to open up the network. → Read more
Fri, July 25th 2014, 14:30 · Susan Mwenesi

Airtel complaint against M-Pesa fees rejected by Competition Authority

Leading Kenyan operator Safaricom will not have to cut fees on making M-Pesa transactions across networks after the Competition Authority declined to order a reduction as petitioned by rival Airtel. → Read more
Wed, July 9th 2014, 17:30 · Chris Udemans

Safaricom opens up M-Pesa agent network to rivals

Kenyan mobile operator Safaricom has opened up its M-Pesa mobile money agents network to rival operators, allowing integration between various mobile money platforms, according to a report. → Read more
Wed, June 25th 2014, 17:30 · Gabriella Mulligan

M-Pesa success down to Kenyan market dynamics

The success of M-Pesa in Kenya was down to a specific set of market dynamics which make it very difficult to replicate in any other country, according to panelists at the VAS Africa summit. → Read more
Wed, June 25th 2014, 09:00 · Susan Mwenesi

M-Pesa platform to be brought back to Kenya in 2015

Leading Kenyan operator Safaricom is planning to deal with issues surrounding the releasing of the M-Pesa API by relocating the main server back to Kenya. → Read more
Mon, June 23rd 2014, 09:30 · Susan Mwenesi

Xpress Money introduces M-Pesa to UAE, UK

Mobile money transfer service M-Pesa has debuted in the United Arab Emirates (UAE) and the United Kingdom (UK) courtesy of a partnership between Safaricom and Xpress Money, a move aimed at making it easier and more convenient for Xpress Money customers to receive money in Kenya. → Read more
Thu, June 12th 2014, 14:40 · Susan Mwenesi

M-Pesa available in Australia

mHITs Australia and Safaricom have opened a new international mobile remittance corridor to allow Australians to send money to Kenya via M-Pesa. → Read more
Mon, June 9th 2014, 14:30 · Susan Mwenesi

Safaricom braced for CAK ruling opening up M-Pesa agency network

Leading Kenyan operator Safaricom has said it is braced for a ruling by the Communications Authority of Kenya (CAK) on June 30 which may force it to open up its M-Pesa agency network to rivals Airtel, yuMobile and Orange. → Read more
Thu, May 8th 2014, 09:30 · Agatha Nduku

Safaricom, Airtel seek extension in talks over M-Pesa fees

Safaricom, Airtel and the Competition Authority of Kenya (CAK) have requested an extension to the deadline for them to complete negotiations for an out-of-court settlement of a case in which Airtel accused Safaricom of abusing its position as mobile money market leader. → Read more
Tue, May 6th 2014, 16:00 · Susan Mwenesi

Safaricom allows instantaneous mobile banking on M-Pesa

Leading Kenya operator Safaricom has upgraded the M-Pesa Application Programme Interface (API), making it possible for customers to make mobile banking transactions instantaneously. → Read more
Tue, April 1st 2014, 11:30 · Tom Jackson

Former Safaricom CEO launches M-Pesa in Europe

The former chief executive officer (CEO) of leading Kenyan operator Safaricom, Michael Joseph, has launched M-Pesa in Romania, the first European launch on the mobile money transfer system. → Read more
Fri, March 28th 2014, 07:00 · Susan Mwenesi

Vodacom Tanzania, Umoja Switch partner for M-Pesa service

Vodacom Tanzania and Umoja Switch have entered into a partnership that will enable the telecom’s customers to withdraw cash from Umoja Switch ATMs using M-Pesa. → Read more
Wed, March 12th 2014, 11:30 · Abdirizaq Hussein

Safaricom’s M-Pesa marks seventh anniversary

Kenyan leading mobile money transfer service M-Pesa has marked its seventh anniversary since its launch in March 2007, with Safaricom saying the service has touched the lives of many Kenyans. → Read more
Tue, February 11th 2014, 19:00 · Susan Mwenesi

M-Pesa, MoneyGram in money transfer service agreement

M-Pesa - through its parent company Vodafone - and global money transfer and payment services firm MoneyGram have signed an agreement enabling consumers to transfer funds directly from around 200 countries to the millions of M-Pesa users → Read more
Mon, February 10th 2014, 13:40 · Chris Udemans

Safaricom deal to allow diaspora to send money to M-Pesa accounts

Kenya’s Safaricom is set to sign a deal with Skrill, a US-based remittances and online payment company, allowing Kenyan diaspora to send money directly to M-Pesa accounts. → Read more
Wed, February 5th 2014, 15:40 · Chris Udemans

M-Pesa book released

A book on Kenyan mobile operator Safaricom’s mobile money service M-Pesa has been released, documenting the initiative’s evolution and impact on Kenyan society. → Read more
Fri, December 20th 2013, 09:00 · Tom Jackson

Vodacom’s M-Pesa service set for relaunch

South Africa’s largest operator Vodacom has informed M-Pesa customers in the country via SMS they will be unable to carry out transactions via Nedbank ATMs from January 15, 2014 “until further notice”, as the company relaunches its mobile money service. → Read more