The Central Bank of Kenya (CBK) has announced plans to cap the charges on person-to-person mobile money transfers. The decision is likely to shake-up the business model of dominant players like Safaricom’s M-Pesa and Airtel's Airtel Money.At the heart of the move is a concern that Kenyans still use
Tag: Airtel Money
Safaricom opens pay bill to Airtell and Tellkom customers
Mobile phone provider Safaricom has opened up its mpesa Paybill system to subscribers of Airtel Money and Telekom Kenya's T cash enabling seamless mobile money payments regardless of network. According to Central Bank of Kenya, the launch of paybill interoperability will allow customers to make payments at supermarkets, restaurants and other