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kaoutarchennoufi

Instant Mobile Loans in Kenya, KCB M-PESA Account, M-Shwari - Safaricom - 0 views

www.safaricom.co.ke/...loans-and-savings

Paperless Efficient TimeSaving M-Shwari

shared by kaoutarchennoufi on 13 Feb 21 - No Cached
  • M-Shwari is a paperless banking service offered through M-PESA. It will: Enable you open and operate an M-Shwari bank account through your mobile phone, via M-PESA, without having to visit banks or fill out any forms. Provide you the ability to move money in and out of your M-Shwari savings account to your M-PESA account at no charge. Give you an opportunity to save as little as KSHs.1 and earn interest of up to 6.65% p.a on your saving balance. This cash is moved into the savings account via M-PESA. Enable you to access micro credit product (loan) of a minimum of KSHs.100 any time and receive your loan instantly on your M-PESA account charged at a facility fee of 7.5% Save for a fixed period of time (Lock Savings Account) and earn interest of up to 70% of the Central bank Rate. This is a product for everyone who feels that banking should be hassle-free. No forms to fill in, no branches to visit. Just one click on your phone and you have a savings account!
    • kaoutarchennoufi
      kaoutarchennoufi on 13 Feb 21
       
      M-pesa has also a paperless banking service option named M-Shwari. This is avery useful and time saving solution. The majority of people don't appreciate to go to the banks and have to wait for many hours for a simple service.
mehdibella

M-Pesa - 0 views

www.vodafone.com/...m-pesa

M-pesa kenya Nairobi Fintech finance

shared by mehdibella on 12 Feb 21 - No Cached
  • M-Pesa is Africa's most successful mobile money service and the region’s largest fintech platform. M-Pesa is the preferred way to make payments across the continent both for the banked and unbanked due to its safety and unmatched convenience.
  • It also provides financial services to millions of people who have mobile phones, but do not have bank accounts, or only have limited access to banking services. Now, M-Pesa provides over 42 million people with a safe, secure and affordable way to send and receive money, top-up airtime, make bill payments, receive salaries, get short-term loans and much more.
    • kenzabenessalah
      kenzabenessalah on 12 Feb 21
       
      Even if people do not have bank accounts, they can still use M-PESA because it allows them to have access to financial services through their mobile phones.
  • In early 2020, Vodacom & Safaricom completed the acquisition of the M-Pesa brand from Vodafone Group through a newly created joint venture. The joint venture will accelerate the growth of M-Pesa through Africa by giving both Vodacom and Safaricom full control of the M-Pesa brand, product development and support services as well as the opportunity to expand M-Pesa into new African markets
    • ghtazi
      ghtazi on 13 Feb 21
       
      after that Vodacom & Safaricom acquired M-Pesa brand from the Vodafone group, they created a new joint venture that will help M-pesa to grow across Africa, which I believe is a big opportunity for the group
  • ...9 more annotations...
  • M-Pesa is Africa's most successful mobile money service and the region’s largest fintech platform. M-Pesa is the preferred way to make payments across the continent both for the banked and unbanked due to its safety and unmatched convenience.
    • kaoutarchennoufi
      kaoutarchennoufi on 13 Feb 21
       
      Thanks to its large Fintech platform, M-Pesa has managed to target both banked and unbanked people. Also, what distinguishes it, is that it does not require people to have a bank account in order to have access to its financial services, they only need to have a mobile phone.
  • In 2019, our 41.5 million active customers carried out over 12 billion transactions
    • nourserghini
      nourserghini on 13 Feb 21
       
      This article states that M-pesa is the continent's leader in mobile money services with over 41,5 million customers from all over the continent.
  • M-Pesa is Africa's most successful mobile money service and the region’s largest fintech platform. M-Pesa is the preferred way to make payments across the continent both for the banked and unbanked due to its safety and unmatched convenience.
    • sawsanenn
      sawsanenn on 13 Feb 21
       
      This excerpt is important because it defines M-Pesa as Fintech Platform, their services, and their customer target
  • Send and receive moneyDomestic transfers: M-Pesa customers can send money in real time to any other M-Pesa customer with an account registered in the same country. In most markets customers can now send money to mobile money users on other networks as well.International transfers: Through our international remittance partners, M-Pesa customers can receive and send money across borders in real time.
    • nouhaila_zaki
      nouhaila_zaki on 13 Feb 21
       
      This excerpt describes the core services provided by M-Pesa, namely domestic transfers and international transfers.
  • LoansM-Pesa customers build a credit score that enables them to access loans via our bank partners. Products include M-Shwari and KCB M-Pesa in Kenya and M-Pawa in Tanzania. We work hard to ensure customers not only have access to credit but are also educated so they understand the implications of a loan.
    • nouhaila_zaki
      nouhaila_zaki on 13 Feb 21
       
      This particular excerpt explains how M-Pesa provides underbanked/unbanked customers with access to loans that would change their lives and ameliorate their condition.
    • nouhaila_zaki
      nouhaila_zaki on 13 Feb 21
       
      This page is important because it enumerates all of the different product and service offerings provided by M-Pesa, which is important to know in order to acquire a comprehensive knowledge and understanding of the company's actions.
  • What is M-Pesa?
  • M-Pesa is Africa's most successful mobile money service and the region’s largest fintech platform. M-Pesa is the preferred way to make payments across the continent both for the banked and unbanked due to its safety and unmatched convenience.  It also provides financial services to millions of people who have mobile phones, but do not have bank accounts, or only have limited access to banking services.
  • Established on 6th March 2007 by Vodafone's Kenyan associate, Safaricom, M-Pesa is Africa's leading mobile money service with more than 430,000 active agents operating across the Democratic Republic of Congo (DRC), Egypt, Ghana, Kenya, Lesotho, Mozambique and Tanzania.
  • chaimaa-rachid on 12 Feb 21
     
    This service permits clients to store cash into an account put away on their cell phone, and send it utilizing an individual recognizable proof number and secure SMS. This makes it conceivable to pay for products and services and to guarantee standard payments.
samielbaqqali

Kenya: M-Pesa and mobile data boost Safaricom's 2019 growth - 1 views

www.theafricareport.com/...a-boost-safaricoms-2019-growth

M-Pesa Remittances Safaricom

shared by samielbaqqali on 12 Feb 21 - No Cached
  • This is why the Vodacom-Safaricom duo has created a joint venture with full powers to make M-Pesa a “super-app” to provide for various needs such as booking taxis, making various appointments or paying for various services by mobile phone.
    • hichamachir
      hichamachir on 12 Feb 21
       
      M-Pesa is becoming a super app due to the power of its partners. M-Pesa is present in all the aspect of the economy. The app made the lifestyle of the Kenyans better because it provides various services that are very important. The key to become a successful Fintech is to solve cutomers problems in a easy way and M-Pesa is a great example.
  • Safaricom launched new services as early as 2013, with M-Shwari, Fuliza and KCB M-Pesa came later to provide savings and micro-loans. By 2019, these “apps within apps” will account for two-thirds of M-Pesa’s revenues (84.4 billion shillings in total). “Remittances are still performing well and are up 14.6 per cent over the previous year,” said Sateesh Kamath, Safaricom’s chief financial officer.
    • samielbaqqali
      samielbaqqali on 12 Feb 21
       
      Due to the strength of its partners, M-Pesa is becoming a super-app. In all facets of the economy, M-Pesa is present. The app made the lifestyle of the Kenyans better because it provides numerous services that are very important. The secret to becoming a good Fintech is to quickly solve client issues and M-Pesa is a perfect example.
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