Kenya turns to mobile-money dominance to stem the spread of COVID-19

Kenya turns to mobile-money dominance to stem the spread of COVID-19

4 years ago
Anonymous $9CO2RSACsf

https://techcrunch.com/2020/03/16/kenya-turns-to-its-mobile-money-dominance-to-stem-the-spread-of-covid-19/

Kenya’s largest teleco, Safaricom, has announced a fee-waiver on East Africa’s leader mobile-money product, M-Pesa, to reduce the physical exchange of currency in response to the COVID-19 outbreak.

The company  announced that all person-to-person (P2P) transactions under 1000 Kenyan Schillings (≈ $10) would be free starting Tuesday for the next 90 days.