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.

The M-Pesa mobile payment system was launched in Kenya in 2007. Today, as it faces new challenges, it has 30 million users in 10 countries and three continents.

M-Pesa, the mobile phone-based African money transfer service owned by Kenya's Safaricom Plc , and Visa Inc launched a virtual payment card on Thursday in a bid to capture some of the continent's ...

M-Pesa, the first and most successful mobile money payment service, has been acquired by South Africa's Vodacom and its Kenyan subsidiary Safaricom in a new joint venture that they hope will spur ...

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 ...