Kenya: Safaricom Eyes Slice of Electronic Cash Industry With New Card Linked to M-Pesa

Safaricom is testing a payment card that will be linked to customers' M-pesa accounts as it eyes a slice of transaction commissions from the multi-billion shilling electronic cash industry.

The telecommunications company Monday announced that it is piloting the card among its staff to complement its Lipa na M-pesa service. Its launch is expected "in the coming months."

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