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Telcos boon as State widens cashless payment scheme - Vimarsana News

Telcos boon as State widens cashless payment scheme

M-Pesa’s leading market share promises to make it the outright beneficiary of the government’s push for more services to be paid through paybill.

Safaricom customers won't be able to send money to unregistered M-pesa users from Monday - Vimarsana News

Safaricom customers won't be able to send money to unregistered M-pesa users from Monday

Move reflects firm's commitment to providing safe financial platform for its users

Kenya small savers dump banks for mobile wallets - Vimarsana News

Kenya small savers dump banks for mobile wallets

Some 60.7 percent MSMEs defaulted on their loans in June 2023 compared to 42.8 percent in 2022, with the rate higher in female-owned businesses.

Mobile money agents handle Sh5.9trn in nine months - Vimarsana News

Mobile money agents handle Sh5.9trn in nine months

Cash mobile money agents handled in the nine months to September went up by 17.6 percent, indicating the growing mobile money penetration in Kenya.

Telkom Kenya announces mobile money product T-Kash App - Vimarsana News

Telkom Kenya announces mobile money product T-Kash App

Telkom, a South African wireline and wireless telecommunications provider, announced that Telkom Kenya has launched an app for its mobile money product, T-Kash.