Search Results for: mpesa

MPESA option now available on Aliexpress App

Web Support

AliExpress. Shopping online can seem like a daunting task to some people, especially considering the  limited payment options and security issues that bog online transactions. Alibaba-owned e-commerce platform, AliExpress, has slowly but steadily gained popularity in Kenya as the platform opens up the Chinese vast goods market to Kenyans. International shopping in Kenya has mainly relied on third-party services such a Vitumob or Something Random, that aim to connect locals to the well-established platforms like Amazon but recently we have seen these shopping websites make an effort to directly reach…

Share this

Africa’s mobile money platform Mpesa expands to Europe

Editor’s note: Tomorrow Transformed explores innovative approaches and opportunities available in business and society through technology. (CNN) — Snapchat may be the latest application with a new mobilepayment feature launched this week, but the idea that made Snapcash possible was spawned more than seven years ago in Africa. When M-Pesa came on the scene in 2007 — a money transfer system devised by Vodafone and Kenya-based Safaricom – it sparked a mini-revolution. With the touch of a button, relatives in Nairobi could transfer cash instantly to their remote up-country families…

Share this

African Mobile Money platform Mpesa adopted in Europe

Staff Writer

Vodafone brings Africa’s M-Pesa mobile money to Europe * Launch targets 7 mln in Romania who mainly use cash * M-Pesa has 16.8 mln active customers in emerging markets * Mobile payments expected to grow rapidly in coming years By Kate Holton LONDON, March 31 (Reuters) – Vodafone brought the mobile money service that has revolutionised banking in Africa to Romania on Monday, offering M-Pesa text-message transactions to millions of customers in its first push into Europe. Vodafone said it had chosen Romania to target the seven million people there…

Share this

Central Bank of Kenya Declines new M-Pesa transactions.

Web Support
M-Gas Mpesa Central Bank of Kenya

Kenya’s leading telco Safaricom has lost the bid to cap free M-Pesa transactions to five. This comes after subscribers split high-value transfers to avoid paying transfer fees, costing it billions of shillings in revenues. The company had petitioned the Central Bank of Kenya (CBK) to cap the number of multiple transactions between two numbers, according to a recent disclosure of conference call transcripts between Safaricom and investors seen by the Business Daily. Safaricom reported that customers were splitting high-value money transfers of as high as Sh60,000 to deals of below…

Share this

Sky.Garden: Revolutionizing Kenya’s New E-Commerce Sector

Web Support

Upon noticing that the economic sector in Kenya only caters for the top tier in the economic pyramid which leaves little room for individuals and businesses that exist within the lower segments of the economy to reap the benefits of online transactions, Sky.Garden decided to come up with a sophisticated eCommerce platform that they can use to expand their geographical reach. ITBusinessDirect spoke to Isaac Hunja the Chief Marketing Officer about their work. How can you define the technology sector in Kenya? I would describe the technology sector in Kenya…

Share this

Mobile Commerce enabler DOCOMO Partners with Safaricom to Launch first App Store Integration with M-PESA.

Web Support
M-Gas Mpesa Central Bank of Kenya

Global mobile commerce enabler, DOCOMO Digital has partnered with Safaricom to give customers the option to pay for content on the Google Play Store using M-PESA. 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. The service is available to more than 27 million M-PESA customers in Kenya with an Android smartphone or tablet. From today, customers matching this criteria can purchase content…

Share this

Vodacom Will Discontinue M-Pesa South Africa From 30th June

Vodacom

  Earlier in the year, Vodacom said that it was reviewing M-Pesa South Africa. The service that was launched in 2010 and re-launched four years later, was expected to have millions of users but it only garnered 76,000 active users. Shameel Joosub, CEO, said in a statement that the decision was based on the fact that the business sustainability of M-Pesa is predicted on achieving a critical mass of users. Their revised projections and the high level of financial inclusion in South Africa meant that there was little prospects of…

Share this

Top ICT DIVA Sophia Bekele Trendsets at UC Berkeley Haas School of Business, heralding “Mobile technology is the future of the internet”

You are here Home > BUSINESS > Top ICT DIVA Sophia Bekele Trendsets at UC Berkeley Haas School of Business, heralding “Mobile technology is the future of the internet” FacebookTwitterGoogle+WhatsAppLinkedInPinterestEmailSumoMe Top ICT DIVA Sophia Bekele Trendsets at UC Berkeley Haas School of Business, heralding “Mobile technology is the future of the internet”

Sophia Bekele has given a motivating and catalyzing keynote speech which discussed the effects of embracing the mobile technology in all the platforms, because everything is gravitating towards the mobile devices. “Mobile technology is the future of the internet, all services and solutions gravitate towards the accessible yet disruptive personal touch of the button…” – Sophia Bekele The keynote was presented to the 2015 Africa Business Forum at the Berkeley Haas School of Business, see the press release below Photo Caption: Sophia Bekele speaking on mobile as the NEXT FRONTIER…

Share this

Ericsson chosen for money platform in Peru

Staff Writer

Asbanc, Peru’s national bank association, has chosen Ericsson to design and build what is claimed will be the country’s largest private initiative aimed at financial inclusion. The aim is to deliver the underlying infrastructure over which financial services can be pitched to the country’s mobile users, most of whom do not have access to traditional bank accounts. The platform will have a staged rollout but Asbanc wants to see services generally available in Peru during 2015. Ericsson’s platform is intended to host services from different financial institutions and other companies…

Share this