Kenya’s mobile network operators, Telkom, Safaricom and Airtel, announced that Kenyans can now make direct mobile money payments to an M-PESA Pay Bill Number from any network. This move follows the telcos’ announcement in April this year, which saw Kenyans being able to make mobile money payments to M-PESA buy goods and services tills from any network.
The objective of the interoperability of Kenya’s mobile money service platforms is to allow Kenyans to make direct mobile money payments to any M-PESA merchant Pay Bill Number and Merchant Tills from any network, thereby boosting the adoption and convenience of making cashless payments. The next phase towards complete merchant interoperability will see Kenyans make mobile money payments from M-PESA to the Till and Pay Bill Numbers of the other networks, Airtel Money and T-kash.
This proposition is also in line with the principles of the National Payments Strategy, 2022 – 2025, which was launched by the Central Bank of Kenya in February this year and seeks to achieve a secure, fast, efficient and collaborative payments system that supports financial inclusion and innovations that benefit Kenyans with trust, security, usefulness, choice and innovation.
The telcos made this announcement at the Muguga Green Primary School, where they each made a payment of KSh. 300,000 into the school’s Pay Bill number from their spokesperson’s respective mobile money wallets. The money, KSh. 900,000, will be used by the school to meet some of its operational needs for the second school term of the year.