When M-PESA was launched in March 2007, not many people had the slightest idea of how it was going to transform the lives and economic interactions of Kenyans. M-PESA went viral as it became convenience that every Kenyan was looking for.

Almost 9 years later, M-PESA has become a force that Kenyans have continued to take pride in. Here are 9 reasons to prove that Kenya Runs on M-PESA.

Trusted by millions

Approximately 21.8 million Kenyans are on M-PESA with over 1.5 million customers of those paying their bills via M-PESA.

Unrivalled network of agents

M-PESA has the unmatched network of over 89,000 agent outlets; largest agent network in the country.

Contribution to the economy

M-PESA’s contribution to the Kenyan economy stands at GDP of over 40%.

Monthly transfers

M-PESA’s average monthly value of person to person transfer is Kshs 106B; Person to Business is KShs 23.5bn and Business to Person is Kshs 27.8bn per month.

M-Shwari Saves

M-shwari provides avenues for financial inclusion so that Kenyans can access loans. Over 11.5M customers are on M-Shwari, of which 5.8M are active.

Airtime purchase

To date, over 41.1% of Safaricom airtime is purchased via M-PESA

Lipa Na M-PESA

There are over 199,000 Lipa Na M-PESA merchants transacting over Kshs.11.6B by March 2015 Lipa Na M-PESA is currently the largest cashless service in Kenya, in terms of volumes and value transacted and active merchants.

Homesend partners

M-PESA available in over 100 countries globally in partnership with Homesend partners including MoneyGram and Vodacom Tanzania among other International Money Transfer service providers.

Diversity of services

M-PESA has the widest range of financial services which include Person to Person, ATM withdrawal, Lipa Na M-PESA), Bulk Payments, Bank to M-PESA and Vice Versa, M-Ticketing, Lipa Karo, M-PESA Prepay Visa card, International Money Transfer (IMT), Lipa Na M-PESA Online and M-Shwari.

How has M-PESA transformed your life? Share in the comments section. (safaricom blogger)

The question is: Can We Make this MPesa Model for Better Indonesia?



Post has attachment
Cashless Movement for Indonesia, What's the next step?
Wait while more posts are being loaded