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. This is according to Safaricom head of innovation Veronica Ogeto, who was speaking at the ongoing PIVOT East event in Nairobi yesterday as part of a fireside chat which saw
The University of Nairobi (UoN) and Barclays Bank of Kenya (BBK) have launched Host-To-Host, an automated seamless cash management system which will serve students and other stakeholders by improving payment processes in the University. While launching the programme at the University of Nairobi, BBK Managing Director, Jeremy Awori said that this was the first collaboration
Xpress Money has announced its tie up with Safaricom to offer money transfer services on the latter’s popular M-PESA platform in Kenya. This partnership will further boost the m-wallet concept championed by Safaricom, making it easier and more convenient for Xpress Money customers to receive money in Kenya. The M-PESA service on Xpress Money channels
Tracom Services has partnered with Ingenico to train and certify engineers on Point of Sale Terminal (POS) hardware technology in Kenya. Tracom is the master partner for Ingenico POS East and Central Africa and has the only local POS application development capacity using the hardware from Ingenico, managing and partnering in eight countries. The certification
PesaPoint will launch an expansive agent network composing over 1200 agents countrywide. The network, expected to work in the same way as its popular sister, the PesaPoint ATM network, will offer PesaPoint partners (banks, insurance companies, micro finance institutions and mobile money providers) a ready network of high performance agent outlets that will be powered
The Deputy Minister for Community Development, Gender and Children, Dr Pindi Chana has urged women to utilise services of commercial banks to lift their standards of living. Speaking during the opening of Tanzania Women Bank (TWB) branch at Makambako over the weekend, Dr Chana said women in the area should seize that opportunity and make
Kenyan startup BitPesa is set to formally launch in Nairobi next week, bidding to bring down the high transaction fees associated with international money remittance companies by taking advantage of the digital, borderless currency Bitcoin. HumanIPO broke the news in December last year BitPesa – founded by microfinance expert Duncan Goldie-Scot and led by chief
More than 100 Marsabit County residents in the far flung Loiyangalani region have graduated from a customized financial literacy training programme delivered by the Equity Group Foundation. In keeping up with a growing demand for financial literacy in the region around Lake Turkana, this year’s Annual Lake Turkana Cultural Festival held at Loiyangalani culminated with
Cost, technological complexity, control and lack of education are the major issues facing the growth of internet payment services in Kenya. This is the position taken by Bardo Group, a new entrant in the online payment arena. Operating in the country since January 2014, the company whose head office is in Mauritius is also incorporated
Barclays Tanzania Limited has launched paperless banking product to its customers in move aimed to enhance the quality in delivery of its services. Speaking during the official launching ceremony in Dar es Salaam at the weekend, Barclays Retail Director, Mr Kumaran Pather, said that the service was designed to facilitate much ease in financial transactions.
