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M-Pesa Africa Hits 50 Million Monthly Active Customers

M-Pesa Africa Hits 50 Million Monthly Active Customers
sokodirectory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sokodirectory.com Daily Mail and Mail on Sunday newspapers.

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M-Pesa Cements Its Position As Africa's Biggest FinTech With 50 Million Monthly Active Customers

M-Pesa Cements Its Position As Africa's Biggest FinTech With 50 Million Monthly Active Customers
techfinancials.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techfinancials.co.za Daily Mail and Mail on Sunday newspapers.

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M-Pesa celebrates reaching 50 million customers

M-Pesa celebrates reaching 50 million customers
vodafone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vodafone.com Daily Mail and Mail on Sunday newspapers.

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Safaricom cuts M-Pesa transaction costs by up to 45 per cent


By
Sara Okuoro |
December 22nd 2020 at 17:33:17 GMT +0300
Safaricom has reduced transaction cost between Sh101 and Sh500 to Sh6 from Sh11. Sending Sh1,501 to Sh2,500 will cost Sh32 down from Sh41 while transactions below Sh100 remain free. The new rates take effect from January 1, 2021.
As part of various measures to help the country better weather the Covid-19 Pandemic, the telco announced temporary zero-rating of M-Pesa transactions in March.
“As guided by the Central Bank of Kenya and taking into account the Principles on the Pricing of Mobile Money Services, we have taken the decision to reduce our M-Pesa tariffs by up to 45 per cent for lower value transaction bands. This is in consideration of the expiry of the period for the zero-rated M-Pesa transactions and the ongoing Covid-19 and economic circumstances,” said Safaricom CEO Peter Ndegwa.   ....

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