Tag: Mobile Money

Kenya’s biggest mobile money platform, M-Pesa, is set to increase its transaction charges if Kenyan Members of Parliament (MPs) approve ...

When Safaricom waived charges on small M-PESA transactions during COVID-19, the intent was partly practical: get money moving when people ...

Treasury wants to slap a 16% VAT on the country's 42 licensed payment service providers, a list that includes M-Pesa, ...

The Kenya Revenue Authority (KRA) has moved to calm nerves over its mobile money monitoring plans, making clear that it ...

In the past 7 years, the average amount Kenyans borrow from Fuliza has decreased by KES 404.8, which represents a ...

Airtel Africa will not be listing its mobile money business in the first half of 2026 as planned. Airtel Money, ...

The number of Kenyans needing card-based international payments is growing. This is evidenced by 62.1% growth in M-Pesa Visa card ...

Kenya's tech sector grew in 2025 as mobile connections crossed 78 million and internet subscriptions hit 64.4 million. Mobile money ...

Kenyan business owners who move from one mobile money merchant account to another in an attempt to avoid taxes have ...

Kenya closed out 2025 with its digital economy accelerating at pace, based on new data from the Communications Authority of ...

At the end of December 2025, Kenya had 78.3 million mobile phones connected to its networks. Of those, 48,726,982 were ...

By the end of December 2025, Kenya had 51,356,425 mobile money subscriptions. That represents a 5.6% increase from the 48,630,797 ...

The story of M-Pesa is frequently told as a story of genius mobile money design. The reality is more interesting: ...

When Equity Bank launched Equitel in 2014, it was the first serious bet that the future of banking was not ...

The Central Bank of Kenya (CBK) and the National Bank of Rwanda (NBR) have agreed to develop a license passporting ...

M-PESA launched on March 6, 2007, as a basic mobile money transfer service built by Safaricom. 19 years later, Safaricom ...

Kenya's financial system does not look the way it did a decade ago. Paying rent, settling utility bills, and even ...

Kenyans can now send and receive money across Africa instantly in the local currency. A new partnership between PesaLink and ...

Emirates has launched a split-payment feature for travelers booking flights in Kenya. This option allows customers to spread a single ...

Airtel Kenya is making a serious play to stop being Kenya's distant number two by investing in physical infrastructure that ...

Sitoyo Lopokoiyit, who serves as Managing Director of M-PESA Africa and Chief Financial Services Officer at Safaricom, was recently appointed ...

Residents in Busia District, Uganda, are walking across the border into Kenya just to access their own cash after the ...

Airtel Money and Diamond Trust Bank (DTB) have rolled out a new mobile money integration that allows customers to make ...

Fuliza recorded a 34.9% revenue rebound in the 2025/26 financial year, according to Safaricom Group’s half-year financial report. Revenue from ...

The Kenyan government is planning to significantly lower mobile money fees by about 57% through its upcoming National Financial Inclusion ...

Kenya’s mobile money sector has reached a major milestone, with the latest Communications Authority (CA) data showing 47.7 million active ...

Kenyan PayPal users were treated to good news last week regarding Safaricom's new update on the M-PESA app, bringing the ...

A recent global survey reveals that not all mobile phone owners employ basic digital security, specifically by failing to use ...

The process of how to send money across East Africa was a tedious one before mobile money crossed borders. Now, ...

Kenya’s mobile money ecosystem is experiencing remarkable growth, with subscriptions reaching 45.36 million, a 7.2% increase from the previous year. ...

In 2023, mobile money added $24 billion to Kenya's GDP, representing an 8.6% increase compared to the year before. This ...

The use of credit and debit cards for purchasing goods and services in Kenya has reached its lowest point in ...

Sub-Saharan Africa has shown significant growth in financial inclusion over the past decade. Much of this growth has been driven ...

The latest GSMA report, titled Driving digital transformation of the economy in Kenya, opportunities, policy reforms and the role of ...

In the budget statement by Cabinet Secretary Prof. Njuguna Ndung’u, the digital and ICT sector in Kenya has been hit ...