In 2024, M-Pesa users in Kenya are witnessing significant changes in transaction charges, a consequence of the Finance Act 2023. This Act, altering the financial landscape, increased excise duty on mobile money services from 12% to 15%, directly affecting M-Pesa charges. Let’s delve into the details of these changes and how they impact your transactions. […]
New M-Pesa Transaction Charges 2024 Read More »
M-Pesa is a mobile payment system that is widely used in Kenya and other African countries. It was launched by Safaricom, a telecommunications company in Kenya, in 2007. Since then, M-Pesa has become one of the most successful mobile payment systems in the world, with more than 45 million active users in Africa. One of
Mpesa Xpress Billing Full Guide | How it Works Read More »
M-Pesa is a mobile payment service that was launched in Kenya in 2007 by Safaricom, a telecommunications company in Kenya. The service quickly gained popularity and expanded to other countries in Africa, such as Tanzania and Ghana, and has since grown into a global phenomenon. In this blog post, we will discuss the M-Pesa business
Mpesa Business Model | How Does Mpesa Make Money Read More »
If you’re based in Kenya, chances are that you’re already familiar with Mpesa and Equity Bank, two of the most popular financial services providers in the country. Mpesa is a mobile money platform that allows you to send and receive money, pay bills, and buy goods and services using your mobile phone. Equity Bank, on
How to Send Money from Mpesa to Your Equity Bank Account Read More »
Mpesa is a mobile payment platform that was initially developed by Safaricom, a leading telecom company in Kenya. Since its inception, Mpesa has become one of the most popular and widely used money transfer services across East Africa. Many people have been wondering if Mpesa is available for use in Uganda, another East African country.
Does Mpesa Work in Uganda? Read More »
Mpesa is a mobile phone-based money transfer, financing and micro lending service launched in 2007 by Vodafone for Safaricom and Vodacom. It allows users to deposit, withdraw, and transfer money through their phones. The use of Mpesa has grown exponentially in Kenya and is now being used for other services such as paying rent, school
Does YouTube Pay Through Mpesa? (All You Need to Know) Read More »