Safaricom Unveils ‘Mobile Wallets’ Initiative for Healthcare
Friday, December 4, 2015
A new mobile money platform has been launched to help donors disburse money directly to beneficiaries and track its usage.
The ‘M Tiba’ initiative between Safaricom and two healthcare provision organizations – CarePay and PharmAccess Foundation – will enable donors receive real-time access allowing for effective tracking and monitoring the use of funds.
Safaricom Chief Executive Officer Bob Collymore observed that it will deliver a mobile ‘wallet’ that channels donor funds meant for health services directly to recipients.
“We are extending the capability of the mobile phone to make a tangible difference in the way healthcare is delivered in Kenya. M-Tiba will allow services to reach previously inaccessible areas to transform the way healthcare is delivered,” he stated.
He indicated that the service has been on trial for the last nine months at 44 clinics reaching 10,000 beneficiaries.
The M-Tiba funds will be placed in specialized health wallets through M-Pesa and their use will be restricted to conditional spending at select healthcare providers who form part of a nationwide M-Tiba network.