Kenyan Banks to benefit from outsourcing of credit card processing.
Investment to bring down banking costs considerably through increased efficiency. Kenyan banks are set to benefit from a credit card outsourcing partnership with Universal Payment Services (UPS) a leading transaction service provider of payment card services in the Middle East and Africa. The banks stand to benefit from a full
Safaricom’s M-Pesa under siege by Kenyan Banks.
Over the last few weeks, there has been lots of media coverage concerning Safaricom’s wildly popular M-Pesa service. M-Pesa is a mobile money transfer service that enables Safaricom subscribers to send and receive money to anyone of the mobile network. M-Pesa has been operational for just under two years and