News about the NFC market in Kenya — trials, pilots, tests and live services.
March 30th, 2017
More than 250,000 micro and small businesses across 11 markets in Sub-Saharan Africa will soon be able to accept in-store mobile payments through Mastercard’s Masterpass QR service. Mastercard has partnered with merchant service provider Kopo Kopo and Diamond Trust Bank (DTB) to roll out the service over the next five years. MasterpassQR is also being rolled out to 150,000 merchants in Kenya.
February 28th, 2017
Visa’s mVisa QR-based mobile payment service is now live in India, Kenya and Rwanda and will soon be available in Egypt, Ghana, Indonesia, Kazakhstan, Nigeria, Pakistan and Vietnam, the company has announced at Mobile World Congress in Barcelona. Mastercard’s Masterpass QR service, meanwhile, is now available in seven countries in Africa and Asia — Kenya, Pakistan, Nigeria, Rwanda, Tanzania, Uganda and Ghana.
February 17th, 2017
Kenya’s new digital payments platform PesaLink, that will enable consumers to make real-time mobile person-to-person (P2P) payments from US$0.10 up to US$9,650 at any time without having to go through intermediaries, is “expected to cut…
February 14th, 2017
More than 150,000 micro, small and medium enterprises (MSMEs) in Kenya will be able to accept in-store mobile payments using QR code technology in 2017, using Mastercard’s Masterpass QR platform. The service is set to…
January 17th, 2017
Thousands of small-scale farmers across East Africa will soon be using their feature phones to buy, sell and receive payments for their goods through a mobile app and SMS service developed by Mastercard. The payments…
November 21st, 2016
A project enabling mobile money transfers to take place at the point of sale in areas of less-developed countries with poor or no mobile network coverage has been unveiled, by removing the reliance on SMS…
November 3rd, 2016
Kenyan carrier Safaricom is trialling an NFC card with university students that enables them to make payments with a tap at any contactless terminal using their M-Pesa mobile money accounts. The cards, called Blaze M-Pesa, are being issued free of charge to “thousands of students,” Business Daily Africa reports. “The students can already make payments at several businesses at the Thika Road’s TRM Mall.” Safaricom began trialling NFC M-Pesa cards with its staff in July 2016. Reports emerged in March 2014 that Safaricom was working to add NFC to its M-Pesa service.
October 21st, 2016
Pan-African banking group Ecobank has signed a memorandum of understanding (MoU) with Mastercard to roll out Masterpass QR mobile payments across 33 African countries. In what the payment company says is the largest Masterpass deal…
September 21st, 2016
Visa has launched its mVisa QR code-based mobile payment service in Kenya with Co-Operative Bank, Family Bank, KCB and NIC Bank. “With mVisa, consumers can directly access all of the funds in their bank accounts to pay merchants or individuals,” Visa says. mVisa was unveiled in August 2015 through a pilot with Indian banks. ICICI Bank became the first to offer the service to consumers in October, followed by State Bank of India, which announced its support for mVisa in May 2016. It is due to arrive in Nigeria by the end of this year.
July 19th, 2016
Kenyan carrier Safaricom is testing a new PIN-based NFC-enabled ‘Tap-and-Go’ card for its M-Pesa mobile money service. “The telecommunications services provider says the new offering can integrate with an existing M-Pesa account and the pilot phase is currently being conducted among Safaricom staff, with plans to extend the service to university students,” ITWeb Africa reports. Reports emerged in March 2014 that Safaricom was working to add NFC to its M-Pesa service.
June 3rd, 2016
Apple Pay has “made only a small dent in the global payments market” due to technical challenges, low consumer take-up and resistance from banks, according to a report by Reuters. “Apple Pay usage totaled US$10.9bn last year, the vast majority of that in the US,” the publication says, citing research from Timetric. “That is less than the annual volume of transactions in Kenya, a mobile payments pioneer.”
February 16th, 2015
BebaPay, a payment card launched by Google and Equity Bank in Kenya in 2013 that let users pay for their bus fare via NFC, is to be discontinued on March 15. “You can either replace your card with the new Equity prepaid MasterCard for free, finish your card balance by 15 March or get a refund after 28 March,” AllAfrica reports.
June 5th, 2014
Bangalore-based iKaaz is to expand its NFC payments platform to Kenya. Following its introduction to Nigeria earlier this year, the mobile payments provider has joined with Kenya’s Family Bank and local partner Edge financial systems to provide customers with Tap & Pay options in both retail and transport.
May 16th, 2014
Kenyan mobile network operator Safaricom has now signed up 122,000 merchants for Lipa na M-Pesa, a service launched in June 2013 that enables Kenyan consumers to use the funds stored in their M-Pesa mobile money…
April 28th, 2014
Equity Bank, Kenya’s largest bank, is to provide more than 300,000 free NFC phones to retailers across the country for use as POS devices, ITWeb Africa reports. “Our new MasterCard ATM cards are tap-and-go hence the need to put mobile POS devices with merchants to process payments,” chief executive James Mwangi said. “The NFC-enabled phones and cards will help Equity Bank be well positioned to significantly increase volumes and commission from payment processing.”
March 14th, 2014
Kenyan carrier Safaricom is to add NFC payment capabilities to its flagship M-Pesa mobile money service, according to Techmoran.”Still undergoing the tendering process, the NFC SIM cards are expected to be rolled out to its subscribers for mobile contactless payments and transactions making Safaricom the first mobile operator in the region to mass deploy SIM-based NFC for contactless transactions,” the report says.
May 1st, 2013
The BebaPay service is now live on buses in Nairobi and a free app enables any Android NFC phone to be used as a card reader. Shops, traders and small businesses will be able to use Google’s BebaPay in the future “to accept payments from customers, without needing expensive tills and cash registers.”
May 28th, 2012
Google has introduced a contactless prepaid card in Kenya, TechMtaa reports. The new Beba card can be loaded with up to Ksh 10,000 (US$115) and used to make payments on Nairobi’s Citi Hoppa buses.
February 14th, 2011
Mobile network operator Airtel Africa is to launch NFC services in Kenya, Tanzania, Gabon and a further nine African countries in early 2011, its NFC technology partner Oberthur Technologies has announced at the Mobile World…