Leading Kenyan telecom Safaricom and Kenya Commercial Bank (KCB) have formed a strategic partnership, with the first project a one-stop integrated solution that will cater to the needs of small and medium enterprises (SMEs) in Kenya. Biashara Smart is a set of communications and financing products, capacity building initiatives and reward programmes aimed at connecting,
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. Business Daily reports the move now allows investors to run M-Pesa services alongside rival mobile money platforms provided by Airtel and Orange. Last month Safaricom was braced for
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
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
Qatar Airways, the national airline of the State of Qatar, has entered into a strategic partnership with Safaricom, to launch a service that now enables customers to pay for Qatar Airways tickets using M-PESA. The new service offers greater flexibility for Qatar Airways’ passengers who can now book tickets online on www.qatarairways.com/ke or through the
Over seven million subscribers are now using Kenyan mobile operator Safaricom’s microfinance platform M-Shwari, according to George Ndegwa from the operator’s financial services division. Ndegwa was speaking at the 2014 Mobile Money and Digital Payments conference that kicked off in Johannesburg, South Africa yesterday. M-Shwari allows users to make use of the M-Pesa system to
M-PESA customers will now be able to make mobile banking transactions instantaneously. This follows a system upgrade to the Application Programmable Interface (API) which has resulted in a reduction of transaction time from an average of 2 hours to less than 30 seconds. This will in effect help entrench the move towards a cash-lite society
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. “M-Pesa has given Kenya something to be proud of, and made a difference in the lives of ordinary people,” said Safaricom chief executive officer (CEO)
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. “All you need to send money is the receiver’s full name and an M-Pesa mobile phone number. The money is then instantly deposited directly into their activated mobile
The Commercial Bank of Africa and leading integrated communications services provider Safaricom have announced plans to increase the number of M-Shwari customers in the coming months. The two organisations aspire to grow the number of people using the revolutionary service that allows them to save and borrow loans against their savings, from the current 6
