Local daily, The Nation, reports on it’s news website today that Equity Bank will be launching it’s MVNO network in July of this year. The bank will also be giving out 8.7 million free SIM cards. The report on the website also quotes the bank’s C.E.O Dr. James Mwangi setting pricing for Equity’s mobile money transfer […]
Monthly Archives: May 2014
Dogecoin: Much hacked, very cause to worry
DogeVault, an online wallet service for the popular cryptocurrency Dogecoin confirmed yesterday that it has been hacked, with millions of Dogecoin likely missing from users’ wallets. The statement on the free cryptocurrency wallet service’s website reads in part: On the 11th of May, the Doge Vault online wallet service was compromised by attackers, resulting in […]
Mpesa servers finally moving to Kenya
A local newspaper, Business Daily, reported on it’s website today that Safaricom have contracted Chinese telecommunication company Huawei in a bid to migrate their Mpesa datacentres from Germany to Nairobi. The Mpesa datacentre has been domiciled in the European country since the service’s inception. Hosting the datacentre locally is expected to eliminate service outages due […]
Safaricom finally allows for reversal of erroneous M-Pesa airtime purchases
We have all been there. Your favorite uncle just sent you KES 3,500 via M-Pesa. You make a beeline for the nearest agent but instead of withdrawing the money you unwittingly purchase three thousand five hundred worth of credit. Broke, stuck with lots of airtime you didn’t need and with no recourse, a dejected you […]
This Just In: KopoKopo Experiencing Delays updating M-PESA Transactions Online
I just received this email from KopoKopo about 20 minutes ago. This explains any delays KopoKopo customers maybe experiencing currently: Dear Customer, The M-PESA web interface is currently experiencing delays in updating transactions, which is leading to delays in updating your Kopo Kopo online dashboard.The issue is being addressed by the M-PESA technical team and […]
Chips and PINs, Equity DiVisas Visa, goes for mobile payments and MVNOs – A look at payments in the month of April
April was an eventful month on the Kenyan payments scene. Here is a brief recap of events in the fourth month of the year:Equity Bank announced that it will be distributing 300,000 NFC enabled smartphones to supermarkets, restaurants, kiosks and barbershops free of charge to act as mobile POSes as it looks to grow it’s […]
Airtel Money Visa Card : First impressions
I picked up my Airtel Money Visa Card a couple of weeks ago. The card, being touted by local banker Chase Bank and MNO Airtel, allows you to withdraw your Airtel Money funds at 30 Chase Bank ATMs and over 800 Kenswitch ATMs as well as 7000 Visa ATMs worldwide. The card also enables you […]