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Kenyan regulator could force Safaricom to share agents’ network
Safaricom, which is 35 percent owned by South Africa’s Vodacom, controls 72 percent of Kenya’s mobile market, with close to 30 million subscribers.
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- Sub-Saharan Africa
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One of the world’s biggest mobile money services wants to become a social network
Kenya mobile network operator Safaricom is launching a platform that will allow its customers to send and receive money while they chat. The move is set to reinforce the dominance of the world’s mobile money transfer service M-Pesa, advance its ambition to become an innovative global business, while also facilitating a further connection between tens of millions of subscribers.
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- Sub-Saharan Africa
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PayPal, Safaricom partnership enables cross-border mobile payments in Kenya
“PayPal’s collaboration with M-PESA is part of the company’s long-term strategy to enable eCommerce and democratise financial services on the African continent,” says Efi Dahan, General Manager for the Middle East, Africa and Russia, PayPal.
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- Sub-Saharan Africa
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Kenya mobile phone firms to offer cross-network cash transfers
Subscribers of Safaricom, Airtel and Telkom will be able to transfer and receive cash from one mobile network to another, the companies said in a joint statement published in the Business Daily newspaper.
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- Inclusive Fintech
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- Sub-Saharan Africa
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With revamped T-kash, Telkom Kenya aims to challenge Safaricom’s dominance
Telkom Kenya relaunched a mobile financial services platform on Monday that it hopes can challenge Safaricom’s dominance of Kenya’s lucrative mobile money market.
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- Sub-Saharan Africa
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Multinationals yielding to allure of M-Pesa
For a while, Google required consumers in Kenya to pay for apps and games bought from its Play Store and Game Store using credit cards, as though they were in developed countries such as the US where there is a widespread use of cards.
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- Sub-Saharan Africa
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Kenya won’t force a spin-off of the world’s leading mobile money service after all
Almost exactly a year ago, a report from an independent consultant to Kenya’s telecoms regulator, sparked uproar and panic. It recommended the government look into breaking up the dominant mobile operator Safaricom by spinning off the even more dominant mobile money service, M-Pesa.
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- Sub-Saharan Africa
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Press release: DOCOMO Digital Partners with Safaricom to Launch the First App Store Integration with the World’s Most Popular Mobile Money Service
The integration, which is powered by DOCOMO Digital’s mobile commerce enabling platform using Google Play’s payment API, allows M-PESA customers to use the mobile money service to pay for goods and services from the app store.
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