Advertisement

Mpesa

Kenya’s largest telecommunications provider, Safaricom, the company that operates M-pesa – the most popular mobile phone-based money transfer, financing and microfinancing service in Kenya.

Kenya’s Mobile Money Provider Revises Transaction Costs, Limits, to Tame COVID-19

Mar 17, 2020

With two more cases of COVID-19 confirmed in the East African nation of Kenya, bringing to three the number of patients with the deadly virus and the country’s President announcing a raft of measures to prevent the spread of the coronavirus disease, a popular mobile money provider in the country has responded by announcing a revision of transaction costs and daily transaction limits to encourage cashless transactions.