5 years of M-Pesa
VALUE ADDED SERVICES| March 21, 2012, 9:03 a.m.
Revolutionary mobile money service M-Pesa celebrates its fifth anniversary this month.
M-Pesa was launched in Kenya by Safaricom, in partnership with Vodafone, on 6 March-2007.
By the end of its first month, the service had just over 19,000 subscribers. It passed its first major milestone of over one million active users by November the same year. By its first anniversary, M-Pesa had two million active users in Kenya, and numbers surged to three million just three months later.
Now boasting over 15 million active users in over 46 countries, multiple award-winning M-Pesa has integrated numerous additional services and is aligned with tens of thousands of agents.
With its massive uptake, M-Pesa suffered a series of outages in recent months. However, Safaricom has announced that it is migrating M-Pesa to a new platform over the next few years, to ensure better stability and more seamless functionality.
MORE VALUE ADDED SERVICES NEWS
Tigo Tanzania announces free WhatsAppTigo Tanzania has announced free WhatsApp services for its 10 million users. Read More
Lock screen content delivery platform launched in NigeriaSliide Airtime today announced Nigeria as the launch market for its Sliide Airtime service which provides users with a new and innovative way to access content from their mobiles and simultaneously earn free airtime. Read More
Glo collaborates with 15 banks to launch new recharge codeGlobacom has partnered with fifteen leading banks to launch a unified short code for customers to purchase Glo airtime at any time from banks in the partnership. Read More
Airtel Ghana launches ‘love month’ promoAirtel Ghana has announced plans to celebrate and reward its cherished customers in February, the ‘love month’, through a Valentine Day promotion dubbed “In The Name of Love”. Read More
Safaricom launches M-PESA statements serviceSafaricom has announced a new service that allow M-PESA customers to access monthly statements free of charge via email. Read More
Ghanaian market catches up with mobile financial servicesThe usage of mobile financial services in Ghana is increasing rapidly, according to a survey conducted by CGAP. Read More
Viber Spreads Good Vibes in Africa with the introduction of public chatsViber, one of the leading messaging and calling apps with more than 664 million unique users worldwide, has opened its latest social channel ‘Public Chats’ to partners in Africa and the Middle East. Read More
Bank starts year with new mobi appBancABC says their newly launched product, BancABCMobi, will allow more customers to use mobile banking solutions in this coming year and many more to come. Read More
Viber launches public chats in AfricaViber, a leading messaging and calling app with more than 664 million unique users worldwide, announced today that it has opened its latest social channel ‘Public Chats’ to partners in Africa and the Middle East. Read More
Low interest asset financing platform officially launched in NigeriaA new online platform launched this week allows employees in Nigeria to obtain voucher loans to pay for a range of goods and services. Read More
FEATURED STORYViber Spreads Good Vibes in Africa with the introduction of public chats
Viber, one of the leading messaging and calling apps with more than 664 million unique users worldwide, has opened its latest social channel ‘Public Chats’ to partners in Africa and the Middle East.
BEST READ NEWS
IN DEPTHPoised for greater heights – Roshi Motman, AfricaCom CEO of the Year Winner
Roshi Motman is not your average CEO. Since taking up the reins as the first female CEO of Tigo Ghana in 2014, she has led the Tigo brand through a remarkable transformation.