Update 08 August 2018 : This guide is for customers who have registered and had there accounts verified on Eastpesa.com . So in today’s, tutorial I will walk you through how to load your Neteller account using MPESA in Kenya. Please note the process is almost the same with all other Mobile networks we […]
Eastpesa
Why taxing remittance is a bad idea.
Recently, a number of rich countries that host a large number of migrants are considering taxation of outward remittances, in part to raise revenue, and in part to discourage undocumented migrants. The list of countries where such taxes are being considered includes Bahrain, Kuwait, Oman, Saudi Arabia, the United States, and the United Arab Emirates. […]
McKinsey: Corporates Need Faster Payments, Too
Dec 7, 2016 | Meghan Elison Transaction account balances are higher than ever. Image: Shutterstock Correspondent banking is transforming, piece by piece. Banks are busy digitizing on the back end to compete with new challengers who have been working to unbundle banking services. So far, this has mainly affected consumer products, with challengers like Transferwise […]
East African Mobile Providers and Banks Contacts
This is a comprehensive list of banks and mobile network providers emails, phone numbers and office locations. NOTE: Last updated on 26th June 2017. MTN Uganda self service link https://selfcare.mtn.co.ug/selfcare/portletmanager/selfcare/login Call centre Our call centres are available 24/7, and our customer service agents will happily assist with your inquiries and guide you through all of […]
Can PesaLink disrupt fintech industry in Kenya?
After delaying for almost two years, the Kenyan Banks have finally unveiled the Kenya Real Time Interbank Switch (PesaLink), which will enable users to make real time money transfers via their mobile phones. In this note, we highlight why the product may be more successful than similar offerings in gaining traction within the mobile payments […]
Kenyans abroad: Pillars of the country’s economy
The number of Kenyans living and working abroad is fast rising and projected to hit 3million in 2017. Migration to other countries has often been linked to seeking of opportunities professionals, education and just as tourists. They maybe miles away but as always in the Kenyan spirit, they have kept constant touch with their roots.
Leading Money Transfer Services in East Africa
East African economies received more than $3.5 billion in diaspora remittances in 2015, with the largest amounts being sent to Kenya and Uganda. Behind these figures are several service providers who enable seamless transfer of this money home by East Africans living in diaspora. Interestingly, we have our own, the first purely Kenyan owned company […]