Pesa’s efforts to increase coverage will enable its users in these regions to send money to its five African markets, including Nigeria and Ghana, and India, which it entered last March.

NANYUKI, Kenya, June 2 (Reuters) - M-Pesa, the mobile phone-based African money transfer service owned by Kenya's Safaricom Plc (SCOM.NR), and Visa Inc (V.N) launched a virtual payment card on ...

M-Pesa has since evolved from a basic SIM card-based money transfer application into a fully-fledged financial service, offering loans and savings in conjunction with local banks, plus merchant ...