Brand | |
Launched in | |
Status |
Active Register/Log In |
Launch |
2010 Sep Register/Log In |
Importance |
Very High Register/Log In |
Traction |
Very High Upgrade to Bronze |
Evaluation | |
Account Type |
Stored Value Register/Log In |
Business Model | |
Class |
Send | Services | Receive | ||||
---|---|---|---|---|---|---|
Agent Mobile |
Card Cash Wallet |
AT BP DMT MM MW |
Card Cash Wallet |
Agent Mobile |
Model |
non-bank based Upgrade to Bronze |
Who Leads? |
mobile operator led Upgrade to Bronze |
Reach |
National Upgrade to Bronze |
Active Users |
120,000 Upgrade to Bronze |
Registered Users |
120,000 Upgrade to Bronze |
Potential Mobile Market (m) |
58.360 Upgrade to Bronze |
Regulations |
Persona | |
Purpose | |
Active Services | |
Card Type |
Visa Register/Log In |
ServicesDescription |
M-PESA enables customers, regardless of whether they have bank accounts, to transfer money from person to person using their mobile phones. Upgrade to Bronze |
Channels | |
Payment Instruments | |
Cash I/O Description |
Deposit using voucher keyed in through mobile or depositing money in store. Withdraw cash using a One-Time PIN (OTP) provided to cashier. Send money to recipient mobile number. Upgrade to Bronze |
Cash I/O No Of Locations | |
Handsets | |
Technologies | |
Interoperability |
Send: Single MNO; Receive: Anyone with mobile Register/Log In |
RegistrationProcess |
To register for m-pesa, you must be a South African citizen on the Vodacom network and be at least 16 years old Customers register by dialling *111#, following on-screen instructions, getting a welcome SMS and setting up their PIN. |
Main Segment | Unbanked |
Segment Description | Targets unbanked; South African citizens on Vodacom network, at least 16 years old |