This includes the M‑Pesa confirmation message showing the transaction code, the amount sent, the date and time, and the recipient’s phone number. Any communication where the recipient declines to ...
Launched in Kenya by Safaricom, it has expanded to several African countries, providing essential financial services to unbanked and underbanked populations. M-Pesa enables secure, real-time transactions, making it a crucial tool for promoting financial inclusion.
Approved by the Central Bank of Kenya, this move will also see an addition of a new transaction band of SH.151,000 to Sh250,000. According to the company, the Current maximum transaction fees will ...
Safaricom has clarified why transaction fees are not refunded even when M-Pesa transfers are reversed. When a money reversal is successful, the transaction cost is usually not refunded. The ...
Business Daily Africa: CBK gives nod to phone number masking in M-Pesa transactions
Safaricom has secured regulatory approval from the Central Bank of Kenya (CBK) to roll out a long-delayed data minimisation on e-payment platform MPesa that will mask customers’ phone numbers when ...
Safaricom has increased its per-transaction limit on its mobile money platform M-Pesa to Sh250,000, up from the previous Sh150,000 just weeks after rival Airtel, which operates Airtel Money, made a ...
MSN: Steps to take after a recipient refuses to reverse wrong M‑Pesa transaction
Steps to take after a recipient refuses to reverse wrong M‑Pesa transaction
As Safaricom customers use the M-PESA platform for daily transactions, errors can occasionally occur. A user may accidentally send money to the wrong recipient, pay into an incorrect paybill or till ...