#mpesa — Public Fediverse posts

#MPESA’s market share drops for sixth straight quarter as Airtel Money gains ground - https://techcabal.com/2025/06/30/m-pesa-market-share-drops-for-sixth-quarter/ "decline began after #Kenya introduced mobile money interoperability in 2022" significant

Mastercard, Safaricom Partner on Cross-Border Payments - Mastercard and Safaricom have partnered to improve payment acceptance and cross-bo... - https://news.bitcoin.com/mastercard-safaricom-partner-on-cross-border-payments/ #crossbordertransactions #africaremittances #mobilemoney #mastercard #safaricom #africa #mpesa

80% der Kenianer haben kein eigenes Bankkonto, deshalb hat sich hier #MPesa als Bezahlsystem etabliert. Damit hast du quasi deine mobile Bank in der Hosentasche. Um Geld mit dem Smartphone zu senden, brauchst du nur die Telefonnummer, dann auf "send Money" tippen und der eingebenene Betrag wird auf das entsprechende Handy übertragen. Mit MPesa kann hier überall bezahlt werden, auch die Bananen beim Straßenhändler. Habe das auch, um hier nicht mit so viel Bargeld herumzulaufen...
#Kenia

Gonna try to use #mpesa 😬

Auch die kleine Verkäufsstände am Straßenrand bieten bargeldlose Zahlung über M-PESA (https://de.m.wikipedia.org/wiki/M-Pesa). Eine Zahlungsart über einfache Handys und ganz ohne Bankkonto. #Kenia #MPesa

#Africa #Kenya #MPesa #Scammers #Scamming: "M-Pesa’s ubiquity has attracted many scammers. In 2021, a FinAccess survey found that nearly half of the Kenyans using mobile money had fallen victim to fraud or accidentally transferred money to the wrong recipients. That figure was 8.4% higher than the previous year. In 2022, a CBK report showed that 6.1% of mobile banking users and 25.9% of mobile money users had lost money through cybercrime.

In February 2023, Kenya’s Directorate of Criminal Investigations (DCI) arrested eight men alleged to be members of a criminal syndicate that had defrauded mobile money users of more than 500 million Kenyan shillings ($3.8 million). Some towns, such as Mulot in Bomet County, have emerged as operating hubs for the M-Pesa SIM-swap fraud syndicates.

In 2022, Abdi Zeila, a Kenyan businessman, filed a class action suit against Safaricom and the country’s communications authority for exposing him to fraud. Zeila had lost 495,651 Kenyan shillings ($3,766) to SIM swap fraudsters. The court also opened the door for him to invite more victims of SIM swap fraud to join the suit."

https://restofworld.org/2023/mpesa-sim-swap-fraud/

https://youtu.be/vsbVvYCuh4g

Republica Accra 2018, a great take on creating technology in Africa

#africa #technology #blockchain (nope) #mpesa #solarpunk