First international access to M-Pesa PayBill launched



from MARIA MACHARIA in Nairobi, Kenya
NAIROBI, (CAJ News) – SIMBAPAY, a leading digital money transfer provider, has announced a service enabling Kenyans living abroad make M-Pesa PayBill payments.

Said to be the first such product in the world, the offering is a new addition to the existing SimbaPay platform.

Nyasinga Onyancha, Chief Executive Officer for SimbaPay, noted that SimbaPay noted that customers wanted to pay vendors in Kenya faster and without having to go through friends and family.

“This new product allows them to do just that, especially for time sensitive payments such as those to hospitals, stock brokers and the like.”

M-Pesa PayBill is a service that has previously only been available to Safaricom M-Pesa subscribers in Kenya and allows the subscribers to pay hunderds of vendors via M-Pesa.

SimbaPay customers will not require a Safaricom phone number or M-Pesa registration to pay vendors via PayBill as is currently the case for M-Pesa subscribers living in Kenya. SimbaPay charges zero fees for its instant money transfers to M-Pesa PayBill numbers.

Last month, SimbaPay launched free, instant transfers to Nigeria and continues to reform the cross-border remittance industry with its focus on speed and convenience.

The SimbaPay app can be downloaded for free from the Apple or Android app stores.

– CAJ News

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Posted by on Jun 9 2015. Filed under Finance, Finance & Banking, Software, Technology. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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