M-Pesa Kenya users have crossed 30 million as traders accepting payments through Lipa na M-Pesa double.
According to Safaricom, the last two years have seen M-PESA record explosive growth in business usage with the number of businesses accepting payments on its Lipa Na M-PESA service more than doubling from 173,000 in April 2020 to more than 387,000 today.
The milestone comes a few days after M-PESA marked its 15th year since its launch on 6th March 2007.
Commenting on this, Safaricom CEO, Peter Ndegwa said M-PESA’s success has been achieved on the back of consistent focus on the needs of their customers by ensuring that they are constantly delivering innovations that add value to their lives.
“M-PESA’s success has been achieved on the back of consistent focus on the needs of our customers by ensuring that we are constantly delivering innovations that add value to their lives. We thank all our customers for getting us to the 30 million monthly active customers milestone. As the country goes digital with growing smartphone usage, we are committing to continue exploring and delivering life-changing innovations in a digital world” said Ndegwa.
Safaricom and Vodacom are focusing on growing the service in other markets with a goal of bringing them to the same level of maturity as Kenya. The two organizations announced the launch of M-PESA Africa in April 2020 with a goal of consolidating M-PESA’s resources, strategy and roadmap across the continent.
Kenya remains M-PESA’s most active market accounting for more than 30 million of the service’s 51 million customers across Kenya, Tanzania, the Democratic Republic of Congo, Mozambique, Lesotho, Ghana and Egypt.