Home Business Safaricom’s Lipa na M-Pesa generates Sh40m monthly

Safaricom’s Lipa na M-Pesa generates Sh40m monthly

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Business Daily | by Patrick Alushula


Safaricom’s mobile payment platform used to pay for goods and services is now earning the telco Sh40 million monthly, highlighting the impact of increased preference for cashless transactions.

The telco discloses that Lipa na M-Pesa, a platform that enables merchants to collect payments from customers using a till number, has seen increased popularity especially in Covid-19 environment…

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