FEATURED ARTICLE

Major upgrade to disrupt M-Pesa services

Share
Fuliza
M-PESA Services as displayed on a phone's interface. Communications Authority of Kenya (CA) statistics show M-PESA Business to Business Transfers Hit 878bn in the three months ended March 2020.
Share

Safaricom will over the next three weeks conduct a major upgrade of the M-Pesa platform. This becomes the third major upgrade since M-Pesa’s launch ten years ago, and the first such upgrade since Safaricom migrated the platform to Kenya in 2015.

As a result of the upgrade, all M-Pesa services will be unavailable for a period of two hours on 30th June 2017, from 1am to 3am. International Money Transfer (IMT), KCB M-Pesa, M-Shwari and M-Kesho services will be unavailable on 5th July 2017 for a period of two hours, from 1am to 3am.  In mid-July, Safaricom will conduct the changeover to the new platform, resulting in a 12-hour outage.

A number of M-Pesa services will also be sequentially withdrawn in the lead to the changeover.

See Also: Wonder fruit that seeks to replace ugali

The new M-Pesa platform paves the way for Safaricom to rollout more features and enhancements on the platform for the more than 26 million M-PESA customers. Among the new features that customers can look forward to include M-Shwari and KCB M-Pesa implementation in the Safaricom App.

“Ten years ago, we began the journey of M-Pesa by focusing on our customers’ need to send money home,” said Bob Collymore, CEO, Safaricom. “Since then, we have experienced tremendous growth as the platform has grown to provide even more value to the ecosystem. This upgrade paves the way for the next phase of M-Pesa and will enable the service deliver even more value for our customers and partners.”

Next: Facebook takes a new direction after hitting 2 billion users

Following the upgrade, M-Pesa customers are set to benefit from an increase in the number of partners offering their services on the enhanced mobile money platform. This will be made possible through a new set of APIs that will simplify the process of integration into M-Pesa, cutting down the time it takes from weeks to a few days, or even hours.

In addition to providing for new customer features, automation of different M-Pesa procedures will eliminate the current requirement for customers and merchants to make requests to the call centre. Safaricom and the different M-Pesa partners will gradually deploy new features and services over the coming months.

[crp]

Written by
BUSINESS TODAY -

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
Mpesa kadogo Mpesa growth trends
BUSINESS

M-PESA Growth Fuelled By Tiny Free Transactions Amounting to Ksh17 Billion

In the 2025/2026 financial year, whose results were announced on 7th May,...

Safaricom head office in Nairobi. PHOTO/@SafaricomPLC/X
BUSINESS

Safaricom’s Fuliza Loans Rise 49% to Ksh1.47T Amid Growing Credit Dependence

Kenyans’ appetite for quick mobile credit is continuing to grow, with new...

Safaricom head office in Nairobi. PHOTO/@SafaricomPLC/X
BUSINESS

Safaricom Declares Ksh100B Profit in Major Financial Turnaround

Safaricom has recorded one of the biggest profit jumps in its history...

safaricom
NEWS

Man Takes Safaricom to Court Over Recycled SIM Card

A petitioner has filed a case in the High Court in Nairobi,...