Banking & Payments
MTN MoMo Users can now access Savings and loan service via *165*5# menu
MTN MoMo, a leading mobile financial service provider, has proudly showcased its groundbreaking MoMo loans and savings marketplace. This platform consolidates all savings and loan products associated with MTN MoMo, providing customers unparalleled convenience, flexibility, and accessibility to financial credit options. Understanding the multifaceted financial... Read More
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URA Introduces USSD Code *285# for Tax Payments and TIN Services
In a bid to make the process of tax payment more convenient and accessible, the Uganda Revenue Authority (URA) has recently rolled out a new USSD shortcode: *285#. This feature allows users to seamlessly pay their taxes and access crucial Tax Identification Number (TIN) services... Read More
Eversend Introduces Money Transfers From Europe to 8 African Countries
Eversend, a leading African fintech that allows customers to pay, spend, and send money across borders, is proud to announce the Europe-to-Africa transfers that transform cross-border money transfers. Eversend users can now instantly send money from Europe to Africa, opening up new opportunities for affordable... Read More
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M-PESA Standing Orders: Here’s Why This Is a Big Deal
If you are a regular user of M-Pesa, the mobile money service from Safaricom, which, if you're Kenyan, you probably are, you might have heard that it is planning to introduce standing orders as a new feature. But what are standing orders and why are... Read More
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Safaricom Set To Increase M-PESA Account And Daily Transaction Limits To Ksh.500,000
Safaricom, the leading mobile network operator in Kenya, has announced that it has received approval from the Central Bank of Kenya (CBK) to increase the M-PESA account and daily transaction limits to Ksh.500,000. This is a significant boost for the millions of customers who rely... Read More
It is Time We Got a Web-Based M-PESA Interface
In today's digitally connected world, financial services have become increasingly accessible through mobile applications and web interfaces. Traditional banking institutions have embraced this shift, offering their customers the convenience of performing transactions and managing their accounts online. However, when it comes to mobile money services,... Read More
M-PESA Set to Revolutionize Financial Landscape in Ethiopia this September
In a groundbreaking move that promises to reshape the financial landscape of Ethiopia, M-PESA, the renowned mobile money service, is set to launch in the country this September. This is following the May 2023 granting of licence to operate M-PESA by the Ethiopia Government. This... Read More
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clinicPesa: Empowering Ugandans Through Innovative Healthcare Financing
Since its launch on November 29th 2022, clinicPesa has been transforming the healthcare landscape in Uganda, providing a lifeline to thousands of individuals who previously struggled to access affordable and timely medical services. clinicPesa is a digital platform for managing medical expense savings, micro-loans and... Read More
Airtel Money Customers Can Now Pay for Electricity Tokens for Free
Kenya Power is probably the only electricity provider in Kenya, serving over 2.6 million customers nationwide. The company owns and operates most of the electricity transmission and distribution system in Kenya, and sells electricity to various sectors, including domestic, commercial, industrial, and public institutions. The... Read More
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