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Published on Oct 13, 2009
Kenyans in the Diaspora intending to send money home will now have a wider array of tools to choose from after safaricoms m-pesa went international, by initially extending its popular service to the United Kingdom. Safaricom intends to tap into diaspora remittances which the central bank of kenya puts at 50 million dollars or 3.75 billion shillings every month. Meanwhile the higher education loans board has engaged the services of safaricoms market rival zain to enable debtors remit their loan repayments through the operators zap money transfer product.