Safaricom makes more from M-PESA overdrafts as borrower numbers surge

T2Covered by 1 source · first reported by Africa: TechCabal / Techpoint Africa / TechCentral / WeeTracker / Ventureburn at 05 Nov, 08:45 UTC

Safaricom generated KES 4.9 billion ($38 million) from M-PESA Fuliza, its overdraft service that lets customers complete transactions when they lack enough money in their wallets.

Sources

• T2Safaricom makes more from M-PESA overdrafts as borrower numbers surgeAfrica: TechCabal / Techpoint Africa / TechCentral / WeeTracker / Ventureburn05 Nov, 08:45