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Safaricom seeks deal with Central Bank of Kenya over extension of free M-Pesa transactions

Monday 16 November 2020 | 09:49 CET | News
Safaricom and commercial banks are seeking a deal with the Central Bank of Kenya (CBK) to avoid a unilateral regulatory extension of free M-Pesa and mobile banking transactions amid the spike in Covid-19 cases in the country, Business Daily reported. They want the CBK to involve them if it decides to extend free transactions beyond end of December.

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Categories: Mobile & Wireless
Companies: Safaricom
Countries: Kenya
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