Tag: safaricom

Mobile money competition rises with the introduction of Visa payment service

Mobile money competition rises with the introduction of Visa payment service

Technology
Kenya is one of the most attractive markets for mobile money because of the success of Mpesa, launched by Safaricom, which is 40 per cent owned by Vodafone, nine years ago. Visa, the world’s largest payment company, has taken the competition for mobile money service a notch higher with the launch of mVisa that enables Kenyans use mobile phones to transact cash and make payments. The payment service platform has partnered with four banks in Kenya to launch a mobile phone payments platform that will mount the first credible challenge to the country’s dominant Mpesa system. The rollout of the service will enable Kenyans make free domestic mobile money transfers using mVisa. The daily limit for person to person transfers is set to be Sh250,000 with the per transaction limit being
M-PESA to experience interruptions as Safaricom upgrades

M-PESA to experience interruptions as Safaricom upgrades

Mobile, Technology
Safaricom, a telco giant in kenya has announced interruptions of its mobile money platform to pave way for an upgrading programme. This marks the third major upgrade since M-PESA’s launch 10 years ago, and the first such upgrade since the platform was moved from Germany to Kenya in 2015. According to a press release released by Safaricom, all M-PESA services will be unavailable for a period of two hours on 30th June 2017, from 1.00 A.M. to 3.00 AM. International Money Transfer (IMT), KCB M-PESA, M-Shwari and M-Kesho services will be unavailable on 5th July 2017 for a period of two hours, from 1.00 A.M. to 3.00 AM. In mid-July, Safaricom will conduct the changeover to the new platform, resulting in a 12 hour outage. A number of M-PESA services will also be sequentially withdrawn in the le
Safaricom Rebrands  logo & Tagline after 17 years

Safaricom Rebrands logo & Tagline after 17 years

Mobile, Technology
Safaricom has been at the forefront of Kenya’s mobile communication needs for almost two decades now. From the days of lining up for hours in order to access the ‘Simu Ya Jamii’ to getting your first phone which had to be sustained by airtime of over 500 Bob to a time where we can access mobile loans in seconds just shows that nothing is impossible with Safaricom. The Telco Giant launched a new logo, not so different from the old one and dropped its long-time tagline, “the better option” for “Twaweza”, a Swahili word, meaning we can. With the new changes, Safaricom’s CEO, Bob Collymore said that the telco giant was now focused on building a more human network that leverages the strength of their talent. We are now able to connect to other parts of the world at incredible speeds t
Safaricom Sets Up Kenya’s First Telecommunications Lab

Safaricom Sets Up Kenya’s First Telecommunications Lab

Mobile, Technology
Safaricom , Kenya's largest mobile service provider has launched the country’s first ever telecommunications lab for fast tracking the deployment of new technology and solutions. Located at the firm’s headquarters in Nairobi, the lab replicates Safaricom’s entire networking – billing platform and application servers such as M-PESA, 4G networks, Safaricom’s cloud, microwave, etc in a single room. The Telecomm firm has collaborated with a number of industry players including Cisco, Huawei, Nokia and others who have donated equipment and expertise to the lab, which is located at the firm's headquarters in Nairobi. Safaricom's more than 27 million customers will benefit from this investment, which will see fast tracking of deployment of new technology and solutions. Previously, the inh
Safaricom goes digital with the launch of M-pesa smart card

Safaricom goes digital with the launch of M-pesa smart card

Technology
Kenya’s largest mobile service provider, Safaricom, has launched the much anticipated M-Pesa payment cards which was unveiled during the announcement of the Safaricom FY Results, 2017. The Safaricom smart card looks more like the Debit and Visa Cards but the functionalities are not the same . The card allows  for payment of services and goods instantly. Dubbed M-Pesa 1 Tap, this payment solution package includes a Wrist band and NFC badge. First launched successfully as a Pilot in Nakuru, M-Pesa 1 Tap will be rolling out country-wide with about 500,000 point of sale (POS) payment points in bars and restaurants, retail shops, fuel stations, among others. This is going to change everything. The M-PESA Card is linked to a user's M-PESA account. Therefore, before using the M-PESA Card