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Daily news, M-Commerce, m-pesa, Mobile Banking, Mobile payments, Mobile Remittance, Mobile Wallet, P2P -

M-Pesa has reached 50 million monthly active customers, cementing its position as Africa’s largest FinTech platform – an amazing feat on the continent. Launched more than 14 years ago in... read more

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Daily news, m-pesa, Mobile payments, Mobile Remittance, Mobile Wallet -

VODACOM’s mobile money platform, M-Pesa now enables customers to receive money from over 200 countries across the world directly into their M-Pesa wallet. Speaking in Dar es Salaam during an... more

The post Vodacom takes M-Pesa brand global with over 200 destinations appeared first on Payments Cards & Mobile.

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Daily news, m-pesa, Mobile Banking, Mobile payments, Mobile Remittance, Mobile Wallet, Safaricom, Vodacom -

Safaricom of Kenya and Vodacom of South Africa say that they have completed the acquisition of mobile money platform M-Pesa from Vodafone. “The transaction… will accelerate M-Pesa’s growth in Africa... more

The post Vodafone finalise sale of M-Pesa to Safaricom and Vodacom appeared first on Payments Cards & Mobile.

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Daily news, M-Commerce, m-pesa, Mobile Banking, Mobile Money, Mobile payments, Mobile Remittance, Mobile Wallet -

It has been reported that Kenya has 58.4 million mobile money subscribers – more than the total population of Kenya. According to the 2019 census data, the country has 47.5... more

The post Mobile money accounts now higher than total Kenyan population appeared first on Payments Cards & Mobile.

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Central Bank of Kenya, Daily news, E-Money, m-pesa, Mobile Banking, mobile commerce, mobile commerce transactions, Mobile Money, mobile money platforms, Mobile payments, Mobile Remittance, Mobile Wallet, P2P, Payment Systems, person-to-person -

Central Bank of Kenya (CBK) data shows that mobile money transactions stood at Sh3.98 trillion ($38.5 billion) last year, having increased by Sh346 billion (10%) from 2017. This translates to... more

The post Mobile money transactions equivalent of half of Kenya’s GDP appeared first on Payments Cards & Mobile.

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