FEATURED STORY

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A number of M-Pesa services will also be sequentially withdrawn in the lead to the changeover.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

WHAT YOU NEED TO KNOW IN POLITICS

FOLLOW US ON SOCIAL MEDIA

Related Articles
Safaricom Discounted offers
BUSINESSNEWS

Safaricom Discounted Offers on Devices and Other Products

Safaricom has announced a nationwide campaign, dubbed the ‘M-PESA Sokoni Festival’, aimed...

Rhino Charge 2025 winners
NEWSSPORTS

Adil Khawaja: Top Fundraiser at 2025 Rhino Charge

Safaricom-sponsored Adil Khawaja of Car No. 44 (AK44) has emerged as the...

Safaricom Hook Mombasa
CAREERSNEWS

Safaricom Youth Life-Changing Initiative Rocks Mombasa

Safaricom, through its youth platform Safaricom Hook, held its Coast edition of...

Connected Africa Summit 2025
BUSINESSTECHNOLOGY

Connected Africa Summit 2025 Explores the Next Digital Frontier

The Connected Africa Summit 2025 opened on Monday in Diani, bringing together...