M-PESA transactions comprise a variety of mobile money services that enable users to manage their finances conveniently. These services include sending and receiving money, depositing and withdrawing cash through authorised agents, and making payments for goods and services using Buy Goods or PayBill numbers. Users can also purchase airtime, transfer money between M-PESA and bank
Since its launch in 2007, Safaricom’s M-PESA has transformed how Kenyans send, receive, and manage money, eliminating distance as a barrier to financial transactions. Today, the mobile money platform supports everything from small daily payments to high-value transfers. As of 2026, M-PESA transaction costs continue to vary depending on the amount sent or withdrawn, as
Safaricom PLC has provided an update on the planned M-PESA upgrade and associated disruptions. In a statement on Monday, September 22, Safaricom announced that the scheduled M-PESA system upgrade was successful, and all services have now been restored. Safaricom said customers can now access all M-PESA services, adding that it looks forward to serving all
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