Why Kenyans are using mobile money more but sending less
Mobile money transaction value in Kenya fell by 19.6% from KES 790.8 billion to KES 636.2 billion over the past year. Active mobile money agents increased from 320,182 to 394,853 during the same period.
The true cost of M-PESA is catching up with M-PESA
Safaricom's M-PESA market share dropped from 97% to 91% over five consecutive quarters. Airtel Money's market share grew from 3% to 9% during the same period.
Airtel Mobile Commerce Debuts a New Payment Solution
Airtel Money GlobalPay Card launched to connect customers with global online marketplaces. Collaboration with Mastercard to empower 150 million mobile users in Africa.
The most popular payment methods in Kenya 2024: Cash is king but M-Pesa remains huge
Rising transaction charges prompt merchants to shift to cash transactions. Cash accounts for 80% of daily transactions in Kenya.
Kenyan parliament pushes for Safaricom, M-PESA split
Revival of the 2022 Information and Communications (Amendment) Bill in Kenya. Proposed split of Safaricom from its mobile money unit, M-PESA.
