M-Pesa
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BUSINESS
M-PESA Hits 34 Million Customers in Kenya
Kenya’s leading telco Safaricom announced on Thursday that its mobile money platform M-PESA hit 34 million customers in November. In…
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News
Safaricom partners with tappi to digitize Kenyan MSMEs
Kenyan digital commerce startup tappi has partnered with Safaricom’s M-PESA to digitize 650,000 business users across Kenya. According to a…
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News
Mobile Money Subscriptions in Kenya Rise to 38.7 Million
Mobile money subscriptions in Kenya have grown to 38.7 million, translating to a penetration rate of 75%. This is according…
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News
Mobile money driving financial inclusion in Africa
Mobile Money in Africa: According to a report by the Mastercard Foundation, Africans have some of the lowest levels of…
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News
Safaricom, Mastercard partner to boost remittances, payments for Kenyan Merchants
Safaricom and Mastercard have signed a partnership with an aim to accelerate the adoption of payment acceptance and cross-border remittance…
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BUSINESS
M-PESA services to be unavailable on Sunday night
Safaricom has announced that its mobile money services M-PESA will be unavailable on Sunday night due to a scheduled system…
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News
New Showmax app now fully integrated with M-Pesa as a payment option
You can now pay for your Showmax subscription with M-Pesa directly in-app. Showmax announced on Wednesday that M-Pesa has now…
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BUSINESS
Coronation Group, Access Holdings partner with M-Pesa for regional remittances
Safaricom and M-Pesa have entered into a strategic collaboration with Coronation Group, Access Holdings Plc to broaden access to remittances…
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BUSINESS
M-PESA partners with Onafriq for international remittances to Ethiopia
Safaricom has today announced an International Money Transfer Agreement with Onafriq, Africa’s digital payments network to help streamline remittance flows…
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News
Safaricom halts money transfers to unregistered M-PESA users
Kenya’s leading telco Safaricom will no longer allow unregistered mobile money users to receive money from users of its M-Pesa…
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News
Safaricom’s M-Pesa is currently down
Safaricom’s mobile money platform M-Pesa is down with users nationwide reporting delays. The service is unavailable on both the M-Pesa…
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News
Safaricom increases M-PESA transaction limit to KSh. 250,000
Kenya’s leading telco Safaricom has today increased M-PESA transactions limit to KSh. 250,000 for each transaction. The move will see…
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News
Why Launch of M-PESA Ethiopia is set to ignite a financial revolution in one of Africa’s biggest economy
A recent report by the GSMA dubbed State of the Industry Report on Mobile Money 2023 underscores how mobile money…
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News
Safaricom launches M-PESA in Ethiopia
Safaricom has finally launched its mobile money service M-PESA in Ethiopia. The service went live on Wednesday three months after…
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News
You can now transact up to Ksh 500,000 daily on M-PESA
Kenya’s leading telco Safaricom is set to increase M-PESA daily transaction limits to KSh. 500,000 following approval from the Central…
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News
Uber now makes it possible for riders to set M-pesa as their default payment option
Ride-hailing app Uber has announced a new partnership with Safaricom that will now allow riders across Kenya to pay for…
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News
[Ethiopia] Safaricom M-Pesa and Hibret Bank enter into Mobile Banking and Agency Partnership
As Safaricom Ethiopia prepares to launch M-Pesa in the country, the telco has now announced a Mobile Banking and Agency…
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News
Safaricom’s M-Pesa targets remittances to Southeast Asia with new TerraPay partnership
Safaricom has partnered with TerraPay, to enable more than 32 million M-PESA customers to send and receive money to more…
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News
More than 3 million customers are now using the M-PESA Super App
Safaricom’s M-PESA super app has surpassed three million users up from 1.2 million in April 2023. Safaricom revealed this on…
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News
M-PESA App Users Can Now View Schedules, Book Tickets Across All Anga Cinemas
Safaricom has partnered with Vesen and Anga to draw more movie goers through a dedicated M-PESA Mini App. Located in the…
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News
M-Pesa services to be unavailable on Monday morning
Kenya’s leading telco Safaricom has issued a notice to its customers of planned system maintenance that will affect its mobile…
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BUSINESS
Safaricom M-PESA revenue hits Ksh.117.2 billion
M-PESA continues to be one of the biggest revenue streams for Safaricom. In the full year ended March 2023, the…
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News
Safaricom granted mobile money license to launch M-Pesa in Ethiopia
Safaricom has announced that it has officially been granted a mobile money license to launch M-PESA in Ethiopia. Since launching…
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News
Safaricom to launch M-Pesa in Ethiopia this year
Safaricom has revealed that its mobile money service M-Pesa will go live in Ethiopia this year. Dilip Pal, Safaricom’s chief…
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BUSINESS
M-PESA Africa opens a $2 Million in Shared Service Operations Centre in Nairobi
M-Pesa Africa on Wednesday launched a Shared Service Operations Centre (SSOC) in Nairobi to oversee service operations and technical support.…
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BUSINESS
M-PESA partners with Amazon in rush for the global remittance market
M-Pesa, Safaricom’s highly-regarded mobile money remittance service has signed a new strategic partnership with American e-commerce giant Amazon to provide…
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News
Ethiopia sets $150 million license fee for M-pesa entry
The telecommunications landscape in Ethiopia has largely lagged behind its neighbors, owing to strict observance of monopolistic regulations. Until Safaricom…
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News
Eight suspects arrested by DCI in KSh.500 million M-Pesa Fuliza fraud scheme
Detectives from the Directorate of Criminal Investigation (DCI) have arrested eight suspects in a high-profile fraud scheme where telecommunications firm…
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News
Safaricom introduces M-Pesa ‘store number’ for easier verification during cash withdrawals
A common challenge that customers face when making cash withdrawals from M-Pesa agents is entering the wrong agent number from…
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News
Safaricom M-PESA Go for juniors explained
M-Pesa Go: A number of banks in Kenya offer what they call special kids savings accounts that enable young children…
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News
Vodacom Tanzania has expanded M-Pesa to 8 SADC Countries
Tanzania’s leading telecommunications company Vodacom has announced the expansion of its International Money Transfer (IMT) services to eight new countries…
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News
Kenyans in the diaspora can now pay bills on M-PESA via NALA Money
Tanzanian fintech startup NALA which was launched in 2018 to enable Africans in the diaspora easily send money home has…
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BUSINESS
Fuliza restructured, here is everything you need to know
Kenya’s leading telco Safaricom, NCBA and KCB Bank Kenya have announced a restructuring of the popular Fuliza overdraft facility. Fuliza…
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24BIt
[24Bit Podcast] Our Experiences Using The New M-Pesa VISA Virtual Card
Listen in on Emmanuel Chenze, Dickson Otieno and Nick Kanali as we discuss our personal experiences with the recently launched…
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News
Showmax slashes subscriptions paid for via M-PESA, starting at Ksh 299
Showmax has announced revamped prices of its mobile subscriptions bought and paid for via M-PESA. This will see customers enjoy…
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News
Safaricom and Visa roll out virtual card for global payments via M-Pesa
Kenya’s leading telco Safaricom and payments leader Visa on Thursday launched a virtual payment card to enable users to make…
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BUSINESS
Safaricom’s M-Pesa revenue hit Ksh 107.69 Billion
Safaricom M-Pesa revenue grew by 30.3% to hit Ksh. 107.69 Billion. This is according to the telco’s Full Year 2021/2022…
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BUSINESS
Safaricom to hide customer identity on Lipa Na M-Pesa
Safaricom is adopting a new model for its Lipa Na M-Pesa platform aimed at curbing leakage of personal information. Effective…
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News
Safaricom to launch M-pesa in Ethiopia after new law changes
There is a wave of transformation sweeping across the telecommunications sector in Ethiopia. It started with reforms effected by Prime…
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News
How to pay for goods and services from your Telkom line using Safaricom’s Till number
Telkom, Safaricom, and Airtel recently announced the interoperability of their mobile money service platforms that will see Kenyans from any…
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News
Telkom and Airtel users can now pay for goods and services using Safaricom’s Till number
Airtel and Telkom users will from today be able to pay for goods and services using Safaricom’s Till number. Telkom,…
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BUSINESS
Safaricom’s Mobile Money Service M-Pesa Crosses 30 Million Monthly Active Customers in Kenya
Safaricom’s mobile money service M-Pesa has crossed 30 million customers using the service every month in Kenya. The milestone comes…
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BUSINESS
M-PESA turns 15, processes more than 61 million transactions a day
Safaricom’s mobile money platform M-Pesa turns 15 today. The service which has been ranked as Africa’s largest fintech processes more…
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News
Safaricom’s M-PESA Super App Scoops Global Award at MWC
Safaricom has won a prestigious Global Mobile Award (GLOMO) for the M-PESA Super App at the ongoing Mobile World Congress…
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BUSINESS
More than 5 million customers are now using the M-PESA Super App
Safaricom’s M-PESA super app now has over 5 million customers. Launched in June last year, the app brings front-end insights…
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BUSINESS
Safaricom Rewards Winners of Biashara Ni M-PESA Promotion
Safaricom has today rewarded 72 M-PESA business owners with pick-ups and tuk-tuks as part of the ongoing Biashara Ni M-PESA…
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BUSINESS
Safaricom To Facilitate Free Government Funds Transfers To 360,000 Drought-Hit Households
Safaricom has partnered with the government to facilitate mobile money transfer to drought-stricken households in 23 Arid and Semi-Arid Land…
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BUSINESS
Safaricom might be bringing ads to the M-Pesa app
Safaricom might soon be bringing ads to the new M-Pesa app as it seeks to raise more revenues from the…
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BUSINESS
Safaricom launches new promotion for its M-Pesa business users
Safaricom has today launched a promotion that will reward business owners on its Lipa Na M-PESA and Pochi La Biashara…
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BUSINESS
M-Pesa services to be temporarily unavailable from Saturday midnight
Kenya’s leading telco Safaricom has announced that all M-Pesa services will be unavailable from Saturday 6th November 2021, starting from…
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News
TONNY TUGEE: Fintech in Kenya – an industry of innovation
Almost every industry across the globe is undergoing rapid digital transformation, and the world of finance is no exception. Technology…
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BUSINESS
M-PESA is now Africa’s Largest Fintech, Hits 50 Million Active Customers
Safaricom’s mobile money platform M-Pesa has reached 50 million monthly active customers in Africa, making it the continent’s largest fintech.…
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News
Huawei Mobile users in Kenya can now purchase apps on AppGallery using M-Pesa
Huawei Mobile Kenya users in Kenya can now make in-app purchases in your favorite favorite AppGallery Apps and games and…
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News
More than 1.3 million customers already using the new M-PESA Super App
More than 1.3 million customers have downloaded the new M-PESA Super App since it was introduced in December last year.…
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News
Safaricom’s M-PESA Super App is Now Official
Safaricom has today officially launched “its M-PESA Super App for customers and its M-PESA for Business App. The app has…
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BUSINESS
Trans Nzoia County Launches M-PESA Payment for Services
Safaricom has partnered with Trans Nzoia County Government to unveil an M-PESA cashless payment system for collecting county levies. Residents…
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BUSINESS
Safaricom’s Ambitious Plans to Connect Africa via Mobile Money
Launched in 2007, Safaricom mobile money service M-PESA has catapulted the telco to the global map. M-PESA is crucial, especially…
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BUSINESS
Kenyans Sent Nearly Ksh 1 Trillion to Businesses in Three Months
As the country opened from the over 3-month lockdown effective March 18, 2020, to July 7, Kenyans spend increased as…
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News
Safaricom and HELB partner to launch M-Pesa student loans payment solution
Safaricom has today partnered with the Higher Education Loans Board (HELB) to roll out a smart mobile payment solution for…
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BUSINESS
Safaricom Launches new M-PESA Bill Management Platform for Businesses
Safaricom has today unveiled a new platform targeted at businesses that involve repeat payments. M-PESA Bill Management service is built…
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News
Safaricom M-PESA Charges Effective January 2021
The year began with the return of transaction charges for money transfer between Ksh 101 up to Ksh 1000. The…
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News
Safaricom Contemplates Reducing M-PESA Transaction Costs
Safaricom has hinted at plans to cut M-PESA transaction costs to retain increased cash transfers on the mobile money platform.…
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News
M-PESA has become the first African FinTech platform to join United for Wildlife Financial Taskforce
M-PESA has become the first mobile money provider in Africa to join the Financial Taskforce established by United for Wildlife.…
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BUSINESS
Safaricom Half-year Profit Falls 6 Percent to Ksh 33 Billion as M-PESA Revenue Declines
Kenya’s largest telco, Safaricom, just announced its half-year financial report for the period ended 30th September 2020. The company’s half-year…
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BUSINESS
Safaricom Celebrates 20th Birthday, Launches New Campaign
Kenya’s largest telco, Safaricom, is today celebrating its 20th birthday after officially being launched in the country on 23rd October…
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BUSINESS
Kenyans Sent Nearly 450 Billion to Businesses in Three Months
Kenyans sent a lot more money to businesses in the April-June quarter, owing to the government directive urging them to…
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BUSINESS
Safaricom and NCBA Differ on Lowering M-Shwari Interest Rates
Amid pressure to cub predatory mobile lending platforms from the regulator, Safaricom and its partner NCBA have differed on cutting…
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BUSINESS
PayPal Deposits and Withdrawals Services via M-PESA to be Briefly Unavailable on Monday
Safaricom’s M-PESA and PayPal ‘s team are planning service maintenance on the 5th of October, next Monday. The service maintenance…
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BUSINESS
M-PESA is Now Available via USSD by Dialing *334#
Safaricom has rolled out a new USSD for accessing M-Pesa services. By dialing *334#, M-Pesa customers will now be able…
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TRENDING
Kenya raising the bar for digital transformation in East Africa
From rapid mobile penetration to better financial inclusion, Kenya has been at the heart of digital transformation in East Africa;…
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BUSINESS
Over 200 countries can send and receive money via Vodacom’s Tanzania M-Pesa
Over 200 countries can send and receive money via Vodacom ’s Tanzania M-Pesa after the company announced the expansion of…
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BUSINESS
Mobile Money Market Continues to Grow in Kenya, M-Pesa Nears 99 percent Market Share
The Kenya n mobile money market plays a fundamental role in the country’s mission to financial inclusion. The market has…
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BUSINESS
Safaricom partners with Visa to develop M-Pesa products for customers and merchants
Safaricom has entered into a new partnership with digital payments leader Visa to develop products that will support digital payments…
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BUSINESS
Safaricom FY20 Revenue Grew by an impressive 14.3% to KShs.71.7 Billion Beating Expectations
Kenya’s largest telco, Safaricom, has just released its financial results of the year, which has indicated strong revenue growth. Profits…
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BUSINESS
Safaricom partners with more PSV Matatus to Collect Fares through M-PESA
Safaricom has partnered with more matatu Saccos to collect fares through M-Pesa. The telco first launched the service last month…
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BUSINESS
Safaricom And Vodacom Fully Acquire The M-PESA Brand From Vodafone
Safaricom and Vodacom have announced that they have now completed the full acquisition of the M-PESA brand from Vodafone through…
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News
Kenyans Deposited Nearly Ksh.607B Via Mobile Money In Q2 2019/2020, Report
Mobile money usage in Kenya has continued to grow in the country tied to its convenience. Using the platforms, you…
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News
Coronavirus: You Can Now Pay Your Matatu Fares Through M-PESA
Safaricom today announced that it has partnered with public transport sector players to accept cashless payments through M-PESA in the…
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COLUMNS
[Column] Mobile Lending – Non-traditional data in credit decision making
Retail lending in Kenya has taken a unique path. It has skipped some stages typical for developed markets and climbed…
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Blockchain
Vodafone Quits Facebook Libra Association, To Focus On M-Pesa Expansion To More Countries
Facebook’s Libra project has been heavily criticized over the parent’s company issues with how it handled customer data in the…
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BUSINESS
Safaricom Partners With Ria Money To Enable International Money Transfers With M-PESA
Safaricom has today announced a new partnership with Ria Money Transfer that will allow MPESA users to receive money from…
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BUSINESS
Safaricom Customers Being Conned Using Telco’s Official Number
Looks like fraudsters are always devising new ways to con people on the Safaricom network. A number of users are…
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News
Safaricom M-PESA Users Can Now Invest and Earn Interest Through Mali
Mali is a new product by Safaricom that is targeted at M-PESA customers. Through Mali – Swahili name for Wealth,…
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BUSINESS
M-PESA has been listed among the Top 10 Most Influential Finance Projects Of Last 50 Years by PMI
M-PESA has been recognised as one of the Top 10 Most Influential Finance Projects of the last 50 years. The…
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BUSINESS
Safaricom says its mobile agriculture platform DigiFarm will outgrow M-PESA five years
Safaricom believes that mobile agriculture platform DigiFarm will outgrow M-PESA in the next five years. Speaking at the Afro-Asian Fintech…
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BUSINESS
BuuPass Partners with Safaricom on M-PESA Bus Booking Service
Safaricom has announced a new partnership with BuuPass, an online service that allows you to buy bus tickets from your…
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BUSINESS
Kenyans can now pay for purchases on Alibaba’s AliExpress via M-Pesa
Kenyans shopping on AliExpress will from today be able to pay for their purchases using M-Pesa. Safaricom has entered into…
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BUSINESS
Safaricom launches ‘Shukrani KochoKocho’ promo to reward its customers
Safaricom has today unveiled a new promotion to reward its customers. Dubbed “ Shukrani Kocho Kocho Kenya Nzima”, the ten-week…
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BUSINESS
Safaricom Partners With KAPS to Enable M-PESA Parking Payment
Safaricom has partnered with KAPS to enable motorists across the country pay for their parking by M-PESA. The partnership will…
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News
Safaricom’s M-PESA Global nominated for Global Mobile Awards 2019
Safaricom’s M-PESA Global has been shortlisted for the Global Mobile Awards 2019 (GLOMO Awards). The service which was launched in…
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BUSINESS
Fuliza M-Pesa Overdraft Facility is finally here: Everything you need to know
Safaricom has now made it possible for M-Pesa customers to send money or pay for goods and services even when…
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BUSINESS
You can now Lipa Na M-PESA without showing your message or give out your phone number
Safaricom has now made it possible for M-Pesa customer to pay with Lipa Na M-Pesa without having to show their…
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BUSINESS
Safaricom takes M-Pesa Global Through A New partnership with Western Union
Safaricom has entered into a partnership with Western Union to launch M-PESA Global, a new service will allow anyone from…
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BUSINESS
Cross-network money transfer between Safaricom and Telkom goes live
Cross-network mobile money transfer between Safaricom and Telkom went live in Kenya on Thursday. This came as the country’s main…
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BUSINESS
M-Pesa puts Safaricom on Fortune Magazine’s 2018 Change the World List of Companies
Safaricom has been recognized in Fortune Magazine’s 2018 Change the World List of Companies for its efforts in tackling society…
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News
mSurvey, Safaricom partner to enable merchants collect customer feedback via Lipa Na M-Pesa
Kenyan SaaS Mobile Consumer Feedback Company mSurvey has announced a new partnership with Safaricom’s M-Pesa. The partnership, announced today, will…
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BUSINESS
PayPal is Blocking M-Pesa Linked Accounts Over Fraud
In April this year, Safaricom announced a new partnership with the online payment service and TransferTo to allow M-Pesa customers…
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BUSINESS
Sh.960 Billion Transacted Through Mobile Money In The First Quarter Of 2018
Kenyans transacted over Sh 960 billion through mobile money in the first three months of this of this year. According…
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BUSINESS
Here are the new M-Pesa transaction charges effective July 1st 2018
You will now have to dig deeper into your pockets starting today, July 1 when sending money via M-Pesa. Safaricom…
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BUSINESS
Alipay and WeChat Pay expanding to Kenya. What does this mean for M-Pesa?
China’s biggest Internet-based mobile messaging platform, WeChat has been planning to go international for a long time now. In fact,…
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COLUMNS
Guest Post: Kenya’s paradigm shift in technology
By James Ngige (@Jaykulll), Nairobi Technology has become part and parcel of culture, well, every culture, but Kenya however, is…
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