The National Treasury wants to apply 16% Value Added Tax to fees charged by M-Pesa, Airtel Money, Pesapal, Kenswitch and dozens of other payment platforms. Although the levy targets platform operators, industry watchers expect higher costs to filter down to consumers, including diaspora Kenyans who send money home.
Kenya's digital financial services ecosystem extends far beyond M-Pesa to encompass a rich landscape of mobile money platforms, bank-led mobile services, fintech startups, and specialized digital fina...
Kenya's mobile money revolution, sparked by M-Pesa in 2007, has transformed the country into a global leader in digital financial services, with financial inclusion rising from 27 percent to over 83 p...
Mobile money agent services are the physical backbone of Kenya's digital financial ecosystem, with over 250,000 agents facilitating billions of shillings in daily transactions. Starting an M-Pesa or A...
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