Home Business Safaricom faces petition to lower M-Pesa charges

Safaricom faces petition to lower M-Pesa charges

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Business Daily | by Victor Juma


Telkom Kenya is seeking regulatory orders through Parliament to compel Safaricom to cut the fees it charges on its mobile money service M-Pesa for cash transfers to rival platforms.

The country’s largest telco currently has cheaper rates for transactions among its customers compared to those charged on cross-platform deals, which rival operators reckon is uncompetitive behaviour…

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