Safaricom M-Pesa transfers across borders reach KES 17 bln

Monday 4 January 2016 | 09:44 CET | News
The value of cross-border Safaricom M-Pesa transactions has reached KES 17 billion, four years since the service was introduced, Business Daily reported. The Kenyan operator inked its first international mobile money transfer agreement with the Western Union in 2011. This was followed by one with Money Gram in 2014. Regionally, Safaricom launched M-Pesa cross-border services in Tanzania in February 2015.

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Categories: Mobile & Wireless
Companies: Safaricom
Countries: Kenya
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