OROBO and OpenWay to Power Cross-Border Money Transfers to West Africa

Posted on by Staff Writer | 7115 Views | 10 min read

OROBO, the newly-launched money transfer platform from Saana Holdings, is opening up cross-border remittance and bill-payments into Nigeria, Ghana, Kenya, Serria-Leone and supporting financial inclusion in West Africa. The WAY4 digital payments platform provided by OpenWay, a top-ranked digital payments software solution provider, will become the technological backbone of this innovative remittance service. OROBO facilitates

Kenya Power and Lightning Company Token Prices 2018

Posted on by Staff Writer | 3771 Views | 13 min read

Kenya Power and Lightning Company has continually had to deal with grievances from most of its consumers about token pricing. The latter challenge has left many electricity users in Kenya unsatisfied with the current metric of buying tokens. Prepaid metering was deliberately adopted to introduce convenience into power billing systems. It is clear that many

Mastercard and Unilever Target Micro Entrepreneurs with New Digital Lending Platform

Posted on by Staff Writer | 3704 Views | 18 min read

Mastercard and Unilever have announced that they will expand their strategic partnership to help micro entrepreneurs in Africa and other regions overcome the cash constraints that limit their ability to buy and sell more products and ultimately grow their businesses. In Kenya, the two companies have launched Jaza Duka (“fill up your store”). The initiative

Kenya Bankers Association Partners with Tech Companies to Champion Online Safety Campaign

Posted on by Staff Writer | 3563 Views | 16 min read

The Kenya Bankers Association (KBA) has partnered with financial service providers to create awareness on safety measures in conducting transactions while using ATM cards, mobile phones, and online platforms. The month-long initiative, dubbed “Kaa Chonjo!”, will be carried out with support from, including Visa, Safaricom, PesaLink, and the Retail Trade Association of Kenya (Retrak). Themed

PayPal, Safaricom and TransferTo Announce Collaboration in Kenya

Posted on by Staff Writer | 3518 Views | 10 min read

PayPal and Safaricom announced a revolutionary collaboration that enables Kenyans to seamlessly move money between their M-PESA and PayPal accounts. The new service eliminates significant barriers that have hindered consumers and businesses in the country from taking full advantage of global eCommerce. “PayPal’s collaboration with M-PESA is part of the company’s long-term strategy to enable

Barclays Launches Visa Signature Card in Kenya

Posted on by Staff Writer | 3361 Views | 14 min read

Barclays Bank Kenya has partnered with Visa to introduce the premium Signature credit card in Kenya targeting the growing number of affluent domestic and international travellers. Visa Signature has been created to service the needs of these high-achieving consumers. Kenya becomes the first country in Africa to introduce this high-end credit card. “Visa wants to

NIC Bank Becomes First in East Africa to Implement Modern NCR Interactive ATMs

Posted on by Staff Writer | 3703 Views | 11 min read

NIC Bank Kenya has partnered with NCR Corporation a global provider of omni-channel solutions, to launch NCR Interactive Teller, an innovative ATM-based technology that not only lets people talk to a live remote teller, but also gives the teller remote access to the machine to assist customers to conduct transactions. NIC Bank is the first

I&M Bank and Visa Kenya Partner for New Card Offering

Posted on by Staff Writer | 3783 Views | 15 min read

I&M Bank has partnered with Visa Kenya to launch the I&M Bank Visa Infinite Credit Card and the I&M Visa Platinum Debit Card in Kenya for its Premium clients. Both cards have been developed with customer needs in mind and will complement I&M Bank’s efforts in enhancing customer centricity, dynamism, and innovation in line with

Mastercard and M-KOPA Unveil Payment Technology to Extend pay-as-you-go Solar Program in Africa

Posted on by Staff Writer | 6287 Views | 12 min read

Mastercard and M-KOPA have entered into a partnership that will provide Africans living without electricity a simple way to light up their homes and businesses. M-KOPA, which already provides affordable, safe and clean energy to 3 million people in East Africa, will pilot Mastercard’s Quick Response (QR) payment technology in Uganda to extend the reach

UnionPay QRC Product Debuts in Africa Region

Posted on by Staff Writer | 3639 Views | 9 min read

UnionPay and KCB jointly announced that they are bringing QRC Payments to the people of Kenya. UnionPay International is accelerating the promotion of UnionPay QR code payment in markets outside Mainland China to create more usage of electronic payment channels, such as the “UnionPay” APP, and is a building an infrastructure model primarily focused on