Safaricom introduces M-Pesa transaction overdraft 'Fuliza'

Monday 5 November 2018 | 10:09 CET | News
Kenyan operator Safaricom will introduce an overdraft facility for customers, after M-Pesa and data services pushed up its half-year net profit by 20.22 percent to KES 31.5 billion, reports Business Daily. The overdraft service is known as Fuliza and was piloted in October. It will enable customers to send money or pay for goods and services when they have insufficient balance in their M-Pesa wallets. 

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Categories: Mobile & Wireless
Companies: Safaricom
Countries: Kenya
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