• Money & Markets
Friday, July 1, 2022
  • Login
No Result
View All Result
NEWSLETTER
Money & Markets
18 °c
Nairobi
18 ° Fri
18 ° Sat
18 ° Sun
18 ° Mon
  • News
  • Big Read
  • Markets
  • Economy
  • Investing
  • Energy
  • Opinion
  • Africa
  • World
  • News
  • Big Read
  • Markets
  • Economy
  • Investing
  • Energy
  • Opinion
  • Africa
  • World
No Result
View All Result
Money & Markets
No Result
View All Result
Home News

Safaricom partners with Matatus to collect fares through M-PESA

by Editor
September 14, 2020
in News, Fintech
0 0
0
Safaricom partners with Matatus to collect fares through M-PESA
0
SHARES
27
VIEWS
Share on FacebookShare on Twitter

 

Safaricom has rolled out a partnership with public transport sector players to accept cashless payments through M-PESA in the ongoing battle to combat the spread of the Coronavirus.

The partnership will see crew from public transit firms begin accepting fares through their phone numbers.

“Many businesses are seeing an increase in demand to accept M-PESA payments due to the ongoing concerns around the Coronavirus and our recent move to enable Kenyans send M-PESA transactions of KES 1,000 and below for free,” said Sitoyo Lopokoiyit, Chief Financial Services Officer, Safaricom.

Lopokoiyit noted that the partnership with the different public transit players brings the convenience and safety of M-PESA to this crucial sector given the widespread uptake of public transport across the country.

The service has already been deployed to more than 300 City Star Shuttle vehicles in Nairobi and will be rolled out to additional players in the coming days, helping them further comply with the Government’s recommendations to combat the spread of Coronavirus.

Passengers paying their fares through the service will follow the standard procedure when sending money to another person, keying the number provided by the crew.

Among measures to help minimize the impact of Coronavirus to its customers and to help them avoid the use of cash, Safaricom has announced all its M-PESA customers can send money for free for transactions of KES 1,000 and below for a 90 day period.

 

Tags: CoronavirusmatatuMPesaSafaricom
Editor

Editor

Next Post
African finance ministers call for coordinated COVID-19 response to mitigate adverse impact on economies and society

African finance ministers call for coordinated COVID-19 response to mitigate adverse impact on economies and society

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *




Latest Articles

  • Mozzart Bet to sponsor the national women volleyball team Malkia strikers
  • Mozzart Bet unveils Nandi Road Race sponsorship
  • Shift Towards Domestic Tourism a Game Changer in Post-Covid-19 Recovery
  • Equity Bank has been feted as the Best Bank in Kenya in the 2022
  • Kenya Academy of Sports 2nd International Sports Conference begins in Nairobi
  • Kodris Africa officially unveiled in Kenya as Government adopts new content for teaching coding for schools
  • KCB Shareholders approve Ksh 9.64B  dividend payout.  
  • Safaricom and Visa launch M-PESA GlobalPay Visa Virtual Card
  • Sethna appointed Ogilvy Africa’s Chief Creative Officer
  • Bar Owners urge Parliament to reject proposed increase in Excise Duty on alcohol

TOP SEARCHES

acquisition AfDB Airtel Banks brexit CBK Central Bank Central Bank of Kenya China COVID-19 dividends energy Equity Bank Equity Group Equity Group Holdings Finserve High Court ICT Imperial Bank Insurance interest rates Jambojet Jumia KCB KDIC KenGen Kenya Kenya Airways KRA M-Pesa MD mKey MPesa NSE Patrick Njoroge profit profits Safaricom Safaricom foundation shareholders shares SMEs StarTimes Tanzania Uhuru Kenyatta




  • Money & Markets

© 2020

No Result
View All Result
  • Money & Markets

© 2020

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In