3 October 2017

Kenya: Safaricom Now Evolves M-Pesa to the Next Level

Safaricom #ticker:SCOM has launched its M-Pesa 1Tap payment card, wristband and stickers in five more towns, stepping up competition with banks for plastic card users.

The launch in Nairobi, Mombasa, Kisumu, Eldoret and Nyeri comes after a pilot test in Nakuru unveiled in May this year.

Under M-Pesa 1Tap, customers have the option of using a card, a wristband or a sticker affixed to their phones to make payments. The three tags will be integrated to the customers' M-Pesa accounts.

Users will make payments by tapping any of the tags to a retail point-of-sale and in-putting their M-Pesa PIN numbers on their phones following a real-time pop-up prompt.

Safaricom says M-Pesa 1Tap is ultimately intended to increase the efficiency of cashless transactions at retail outlets.

"This cuts down the steps involved from more than eight steps using the M-Pesa tool on SIM cards to just one step for the customer," said the company in a statement.

Safaricom says 2,000 merchants have taken up the M-Pesa 1Tap service in Nakuru and more than 90,000 customers have used it.

Among those who have taken up the service include Shell, Naivas, Choppies, KenolKobil, Oilibya, Total and QuickMart. The service is, however, not yet available at all outlets run by these retailers.

Kenya

4 Killed, 7 Arrested in Post-Polls Protest - Police

Four people died, 10 police officers were injured and seven others were arrested in demonstrations called by opposition… Read more »

Copyright © 2017 The Nation. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 800 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.