Posts Tagged ‘mpesa’

Ericsson Partners with Vodafone M-Pesa on water payments in Africa

Ericsson announced that it has partnered with Vodafone’s M-Pesa in an effort to simplify mobile money payments and cash collection between M-Pesa and businesses, according to a press release. The first deployment under the deal will connect M-Pesa with the growing network of Grundfos safe water kiosks throughout Kenya and Tanzania, with other countries to follow. “Vodafone is […]

Nairobi is Africa’s first city to adopt Uber cash, mobile money

Uber officially announced that everyone in Nairobi can now pay using cash and mobile money starting today, after the successful conclusion of a two month payment pilot. Nairobi is one of the fastest growing cities internationally for Uber following the launch of the cash test pilot.  It showed there was huge pent up demand for […]

Facebook payment platform threat to M-Pesa, say experts

In Summary Analysts at the Standard Investment Bank say the probability of the service being rolled out globally increases competition to mobile payment services such as M-Pesa and limits future growth plans. Safaricom on Thursday however said it does not see any immediate threat in the Kenyan market. Research analysts at the Standard Investment Bank […]

Mobile money hits Sh2.37 trillion as card use drops

Mobile payments values increased by nearly a quarter last year, clawing a huge chunk from the banking sector where payment cards performed dismally over the period. Latest payment systems data from the Central Bank show mobile money subscribers transacted Sh2.37 trillion in 2014, a 24.7 per cent increase over Sh1.90 trillion in the previous year. […]