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Get to Know Africa > Private: Blog > Africa > Safaricom and Uber Collaborate to Introduce M-PESA Funds and Disbursements | IT Information Africa
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Safaricom and Uber Collaborate to Introduce M-PESA Funds and Disbursements | IT Information Africa

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Last updated: 2023/08/06 at 10:23 AM
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Safaricom and Uber Collaborate to Introduce M-PESA Payments and Disbursements | IT News Africa
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Kenya| Uber and Safaricom have introduced a groundbreaking partnership at this time, introducing a seamless fee possibility for riders throughout Kenya by way of M-PESA.

This collaboration builds upon the profitable integration with Uber Eats, which allowed customers to make the most of M-PESA for supply funds and enabled supply personnel to obtain earnings via the identical platform.

This strategic alliance holds specific significance for drivers with out financial institution accounts, a section that constitutes round 20% of drivers on the Uber platform. These drivers usually face limitations in harnessing the potential of digital transactions totally.

Imran Manji, Head of East Africa at Uber, expressed enthusiasm concerning the integration, stating, “By incorporating M-PESA for journey funds, we’re delighted to increase the comfort and ease of cell cash to our rider neighborhood. Our collaboration with Safaricom signifies a big stride in the direction of enhancing monetary inclusivity inside the nation.”

Kui Mbugua, Basic Supervisor of UberEats, Kenya, additional emphasised the partnership’s worth, remarking, “Our collaboration with Safaricom is aimed toward enhancing the expertise for our supply personnel and clients on the platform. This entails facilitating accessible earnings and providing a handy fee avenue for deliveries.”

Safaricom’s strong efficiency for the earlier monetary 12 months displays its M-PESA’s vitality, processing a powerful 6.4 billion funds. Knowledge from the Central Financial institution of Kenya additionally underscores M-PESA’s dominance, with the variety of complete card funds nationwide reaching 70 million throughout the identical interval, solidifying M-PESA’s place as the popular technique of cashless transactions.

Peter Ndegwa, CEO of Safaricom, articulated the broader influence of this partnership with Uber, stating, “This collaboration empowers us to offer a completely digital resolution to 1000’s of drivers, supply personnel, and hundreds of thousands of consumers, providing quicker, safe, inexpensive, and handy funds via M-PESA. Our dedication to partnerships like Uber aligns with our mission to boost lives, equipping our clients with enhanced worth and alternatives.”

The enterprise between Uber and Safaricom is a exceptional stride towards fostering monetary inclusion, elevating comfort, and driving digital transformation in Kenya’s transportation sector.



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Get to Know Africa August 6, 2023
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