Kenya’s Safaricom Plans to Disrupt Mobile Market with Contactless Transactions

Tuesday, March 18, 2014

Kenya’s Safaricom is reportedly working on NFC-enabled SIM cards which will see Kenyans use their phones to pay for just anything, from public transport, restaurants, shopping at supermarket tills, drug storers, cinema’s, concerts, fuel service stations and just about everything. Still undergoing the tendering process, the NFC SIM cards ware expected to be rolled out to its subscribers for mobile contactless payments and transactions making Safaricom the first mobile operator in the region to mass deploy SIM-based NFC for contactless transactions.

Source: Tech Moran (link opens in a new window)

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digital payments, mobile finance, mobile money