Telkom, Safaricom, and Airtel, Friday announced that Kenyans can now transact to an M-PESA Pay Bill Number from any network.
This move follows the telcos’ announcement in April this year, which saw Kenyans being able to make mobile money payments to MPESA Buy Goods and Services Tills from any network.
The objective of the interoperability of Kenya’s mobile money service platforms is to allow Kenyans to make direct mobile money payments to any MPESA merchant Pay Bill Number and Merchant Tills, from any network, thereby boosting the adoption and convenience of making cashless payments.
The next phase towards complete merchant interoperability will see Kenyans make mobile money payments from M-PESA to the Till and Pay Bill Numbers of the other networks: Airtel Money and T-kash.
This proposition is also in line with the principles of the National Payments Strategy, 2022 – 2025, that was launched by the Central Bank of Kenya in February this year which seeks to achieve a secure, fast, efficient and collaborative payments system that supports financial inclusion and innovations that benefit Kenyans.
According to Mugo Kibati, Telkom Kenya’s CEO, Pay Bill interoperability brings the country closer to realising a cashless economy, further enhancing a seamless digital transactions ecosystem that gives the consumer more convenience and choice.
Our customers will first be able to access this exciting addition via USSD *160#.”
Safaricom’s CEO, Peter Ndegwa said that the launch of Pay Bill interoperability between M-PESA, Airtel Money and T-Kash, follows that of ‘Send Money’ and Till interoperability.
“This innovation extends even more convenience to customers and businesses, transforming M-PESA into a one-stop solution to send and receive money and payments from any financial service locally, and our global partners.”
Airtel Kenya’s CEO, Ashish Malhotra indicated that they are excited to be part of this change that seeks to provide Kenyans with an affordable, convenient and secure cashless payments platform.
“It will provide more options that empower customers as they go about their day-to-day economic activity. Our customers can access this service via USSD *222# or *334#.”
The telcos made this announcement at the Muguga Green Primary School, where they each made a payment of KSh. 300,000 into the school’s Pay Bill number from their spokesperson’s respective mobile money wallets. The money, KSh. 900,000, will be used by the school to meet some of its operational needs for the second school term of the year.
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