What's New in Payments

M-Pesa rolls out contactless tags and wristbands for faster mobile money transactions in stores

Safaricom extends M-Pesa 1Tap — Safaricom — “Following successful trials over the last four months in Nakuru, Safaricom has today announced the availability of M-Pesa 1Tap in Nairobi, Mombasa, Kisumu, Eldoret and Nyeri… To make a payment, a merchant will key in the payment amount into their device, tap the customer tag, and the customer will then key in their pin on their phone to validate the payment. This cuts down the steps involved from more than eight steps using the M-Pesa tool on SIM cards to just one step for the customer.”



NFC World

Google and Equity Bank launch NFC payments in Kenya

BEBAPAY: Merchants can use Android NFC phones as card readers

The BebaPay service is now live on buses in Nairobi and a free app enables any Android NFC phone to be used as a card reader. Shops, traders and small businesses will be able to use Google’s BebaPay in the future “to accept payments from customers, without needing expensive tills and cash registers.” More