What the Revised Kenyan Financial Bill Proposes for Digital Services

After the surprise move by the president to cut the tax on petroleum from 16pc to 8pc, the bill was revised to reflect additional ‘soft’ taxes on other areas which were not put front and center for Kenyans to scrutinize. Although the president allowed somewhat some breathing room for the already financially wounded Kenyan, more is yet to come. Many people including government supporters were […]

Safaricom and WorldRemit embark on digital money partnership Mobile money transfers booming marketplace

WorldRemit, an international digital money transfer service business has signed a direct partnership with Safaricom. The move will secure and provide instant mobile money transactions across borders. These services will be available for the twenty-eight and a half million registered M-Pesa users in the country. This will is an added advantage to Safaricom as the leading mobile money service in Kenya and draw in more […]

FinTech competition just increased in Kenya Financial Technology on the rise in Kenya

The parent company of TECNO Mobile, Itel, and Infinix has decided to venture into the Kenyan Fintech marketplace. Transsion, the company behind the various mobile brands has announced their venture into mobile money transactions. The company through a joint venture with NetEase, a Chinese internet firm is preparing to launch their own mobile money services app named PalmPay. Mobile money services in Kenya is a […]

Safaricom to Make an Entry into Ethiopian Market M-PESA set out to modify mobile money in Ethiopia

Shortly after Reuters reported that Kenya’s Safaricom is in advanced talks to introduce M-PESA to the landlocked country of Ethiopia, their Head of State Abiy Mohammed soon confirmed it via Twitter. Safaricom has previously expressed an interest to penetrate other African markets, and it seems this news comes with the exciting new territory. Ethiopia has previously suffered by lagging behind in business and the country’s […]

Pesapal Integrates Visa to Mobile Mobile money Transactions Include Visa Payment Channel

Pesapal, the popular mobile money transaction app has made a move to integrate Visa into its payment systems. The move will see Visa become one of the options for online and mobile money payment for customers. Previously Visa used the mVisa for mobile money transactions. Their attachment to Pesapal gives the card company more exposure to their client base with twenty-one thousand businesses available, to […]

Safaricom Launches an M-PESA Loyalty Program Safaricom subscribers benefit from mobile money transactions

‘Maisha Ni M-PESA Tu’ is the new campaign Safaricom has launched to reward their customers and M-PESA Agents for using Safaricom mobile money. The new campaign is aimed at customers to encourage an increase in mobile money transactions. The loyalty program works by rewarding each customer 10 points for every one hundred Kenya shillings spent on a transaction. The telecommunication company has included MPESA agents […]

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