PESA has become an essential part of daily life in Kenya and within East Africa, from paying bills to small business operations. Beyond the millions of users, M-PESA’s strength lies in its vast ...

Telecommunications company Safaricom has addressed concerns from a customer who accidentally purchased airtime directly from ...

The suspension of M-Pesa services following the collapse of servers belonging to Safaricom’s principal owner Vodafone was unfortunate. Coming as it did at the end of the month, it severely disrupted ...

M-Pesa, the mobile phone-based African money transfer service owned by Kenya's Safaricom Plc, and Visa Inc launched a virtual payment card on Thursday in a bid to capture some of the continent's $40 ...

Global digital payments giant Visa and East Africa’s biggest telecom Safaricom, the operator of the M-Pesa mobile money product, have today launched a virtual card, enabling millions of M-Pesa users ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The service has gone live three months after Safaricom secured ...

The Kenya-based company already has 3 million mobile phone users in Ethiopia and plans to make it the 10th country where the payment service will be available. The National Bank of Ethiopia (NBE) has ...

ADDIS ABABA (Reuters) - Safaricom's M-Pesa mobile money service went live in Ethiopia on Wednesday, in a boost to the Kenyan telecoms operator as it seeks to kickstart growth in one of Africa's ...

NAIROBI (Reuters) - Kenya's leading telecoms operator, Safaricom, suffered an estimated $3-4 million in lost revenue from its M-Pesa money transfer business in the past two weeks due a slowdown caused ...

NAIROBI (Reuters) - Kenya's leading telecom firm Safaricom and South Africa's Vodacom said on Monday that they had completed the acquisition of popular mobile money platform M-Pesa from Britain's ...

A regulatory survey shows Safaricom lags rivals on billing trust just as mobile data overtakes voice as its biggest revenue ...