Safaricom To Reward Customers For Transactions on M-Pesa Super Apps

By Owino Nyakiti

MPESA customers transact in one of the outlets in Kenya (PHOTO: Courtesy)

M-PESA is celebrating 15 years since Safaricom and Vodafone launched the service in March 2007. To date, M-PESA has grown to more than 51 million customers, 465,000 businesses, 600,000 agents and 42,000 developers across Kenya, Tanzania, Mozambique, the Democratic Republic of Congo, Lesotho, Ghana and Egypt.

The service currently processes more than 61 million transactions a day making it Africa’s largest fintech provider. 

"We launched M-PESA back in 2007 in a bid to deepen financial inclusion for our customers by connecting them to useful and affordable financial services. In 15 years, we have seen population access to formal financial services grow to as high as 83% as we introduced additional services and reached more customers.” Safaricom CEO, Peter Ndegwa said.

ALSO READ Coop Bank Reverses Transaction Charges After Online Uproar

As part of the 15 year celebrations, Safaricom will reward 15 customers and 15 businesses every hour for 15 days from March 7th 2022 to March 22nd 2022 for sending money or making payments through the M-PESA Super App and M-PESA Business Super App. The winners will be randomly selected and will get back 15% of the transaction value up to a maximum of KSh. 1,000.

The M-PESA Super App makes several services easily accessible including shopping, restaurants and food delivery, transport services and government services among others. Current statistics indicate that at least 9 million customers and 320,000 businesses have downloaded the M-Pesa Super App since its launch.


Send us news TIPS to mkenyasasa99@gmail.com or WhatsApp +254751067274



Comments

Post a Comment

Thank you for visiting. But just one more thing, we value your comment. Kindly leave a brief comment below.

Popular posts from this blog

TRAGIC! Plane Crash With Over 100 Aboard

Image
By Owino Nyakiti A screenshot of the crash site A China Eastern Airlines Boeing 737 crashed on March 21 in southern Guangxi Province with 123 passengers and nine crew on board. China's Civil Aviation Administration (CAAC) announced on Monday.  So far, the number of casualties are unknown, but Guangxi's emergency services said rescuers were on their way to the crash site.  The aircraft which was flying from the Kunming city to Guangzhou lost contact over the city of Wuzhou. FlightRadar24 said the Boeing 737-89P rapidly lost speed before entering a sharp descent. State media reported that the jet crashed in a mountainous region and immediately sparked a fire in the forest. READ ALSO  Nigerian Pastor Headed To Nairobi Crusade Arrested with Bhang China's airline industry has been among the best in the world over the past decade and Aviation Safety Network said the last fatal jet accident was in 2010. This is a developing news story and we are doing the best we can to bri...
Read more

Unregistered Mobile Lenders To Cease Operation In Kenya

Image
By Owino Nyakiti  September 17, 2022, is the deadline set by the Central Bank of Kenya (CBK) to get rid of Digital Credit Providers (DCP) who will not have been registered with the regulator. This comes after President Uhuru Kenyatta last year signed the Central Bank Act 2021, that placed all digital lenders under CBK. So far, CBK has already set a raft of measures to regulate the sector, saying owners of these mobile lenders will also be subjected to self-audit to tame money laundering in the country. READ ALSO  TEACHERS: Lucrative Job Opportunities At The Ministry of Education The Act’s main aim will be to help curb the already prevalent debt shaming, which some lenders use as a way to recover their debts. It will also enable the regulator to grant approval before digital lenders price their products and loans. CBK will also get power to revoke licenses of digital lenders who are not compliant with the rules that have been set. Digital lenders who were previously unregulated...
Read more

Missing Witness In Obado's Murder Trial Found Alive

Image
By Owino Nyakiti Migori governor, Okoth Obado in a past court hearing in Sharon's murder case where he is prime suspect (PHOTO: Courtesy) Cliff Momanyi, the Kisii-based clinical officer, who was reported missing after he testified in former Rongo University student Sharon Otieno's murder case two days ago, has been found alive. This was verified by his wife after she received a phone call from him this morning. In the call, Momanyi assured his wife that he is well and that he was in Gesonso area within Kisii county. Mr. Cliff Momanyi (PHOTO: Courtesy) Momanyi was reported missing after Kenya Union of Clinical Officers (KUCO) Kisii branch said efforts to search for their colleague had been futile. READ ALSO  Rongo University Earmarked By DCI For KCSE Fraud Detectives from the Directorate of Criminal Investigations (DCI) probing his whereabouts said they will have Mr. Momanyi record a statement.  The DCI had previously recorded his phone signal in a rough road around Bomet. Send...
Read more