*Kenya’s biggest telecoms operator, Safaricom, notched up one million users for its new overdraft feature on the M-Pesa platform in just eight days.*
The project was started 11 years ago as a service by Kenya’s biggest telecom’s operator, to allow Kenyans without access to the banking network to transfer money via mobile phones.
M-Pesa now offers loans and savings in conjunction with local banks, as well as merchant payments services.
Safaricom, part-owned by South Africa’s Vodacom and Brit…
READ MORE : http://www.africanews.com/2019/01/18/kenya-s-safaricom-s-overdraft-service-exceeds-expectations-ceo
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