Vodafone M-Pesa

Market Suggested Retail Price

$1.00

Target Users (Target Impact Group)

Household

Distributors / Implementing Organizations

M-Pesa is distributed by Vodafone for Safaricom.

Manufacturing/Building Method

N/A

Intellectural Property Type

Trademark

User Provision Model

Registration for M-Pesa: - Free. - Step 1: Replace Your Old Safaricom SIM Card. - Step 2: Register as New M-PESA Customer. - Step 3: Activate Your M-PESA Account with the Start Key. The channels to register for M-Pesa are: - M-Pesa Mobile App - www.mpesa.in - USSD - M-Pesa Call Centre - M-Pesa Agent Outlet Note: To register or transact at any M-PESA Agent outlet, you will be required to produce your original identification document, i.e., National ID, Passport, Military ID, Diplomatic ID or Alien ID/Foreigner Certificate. M-Pesa Rates - M-PESA charges will depend on the amount you are sending or withdrawing. Fees available online - You can use your M-PESA menu to buy airtime for your phone, or for someone else. This service is free and you will only pay for the airtime purchased. M-Pesa App available in India, on Itunes, Android and Microsoft store.

Distributions to Date Status

19.95 million subscribers as of 2014.

Design Specifications

Note: - Maximum Account Balance is KSh 100,000 - Maximum Daily Transaction Value is KSh 140,000.Maximum per transaction is KSh 70,000 - You cannot withdraw less than KSh 50 at an M-PESA agent outlet - To transact, your Safaricom line and M-PESA account must be active - At an agent outlet, you cannot deposit money directly into another M-PESA customer's account - You earn Bonga points when you transact on M-PESA.

Product Schematics

Technical Support

Technical support provided by Vodafone, via email or call centers.

Replacement Components

N/A

Lifecycle

Versioning cycle unknown.

Manufacturer Specified Performance Parameters

None.

Vetted Performance Status

None.

Safety

N/A

Complementary Technical Systems

N/A

Academic Research and References

Compliance with regulations

N/A

Evaluation methods

Customers’ reviews. Success stories available on the Facebook page. M-Pesa App in India is rated 4.2/5 on Android as of July 2016; 3.3/5 on Microsoft store.

Other Information

Now is possible to send cash between M-Pesa customers in Kenya, Tanzania, DRC Congo and Mozambique, and MTN Mobile Money customers in Uganda, Rwanda and Zambia, since 2015.M-Pesa utilization tips.M-Pesa awards. “Home.” n.d. Vodafone.Com. Accessed June 23, 2024. https://www.vodafone.com User, Super. n.d. “Safaricom?: Premier Mobile, Data, & M-PESA Services.” Safaricom.Co.Ke. Accessed June 23, 2024. https://www.safaricom.co.ke/ Harrison, M. 2015. “Mpesa Rates: Safaricom Mpesa Withdrawal Charges & Tariffs.” MPESACHARGES: Spend Billionaires Money Games. July 21, 2015. https://www.mpesacharges.com/new-mpesa-rates-safaricom-mpesa-rates-withdrawal-transaction/ “BitPesa.” n.d. Bitpesa.Co. Accessed June 23, 2024. https://www.bitpesa.co/ “Bitcoin - Argent P2P Libre et Ouvert.” n.d. Bitcoin.Org. Accessed June 23, 2024. https://bitcoin.org/fr/ “CS181 Project.” n.d. Stanford.Edu. Accessed June 23, 2024. https://cs.stanford.edu/people/eroberts/courses/cs181/projects/2010-11/SmartPhones/pt4.html “M-Pesa Users Get Access to Seven African Countries.” 2015. Business Daily. April 22, 2015. https://www.businessdailyafrica.com/bd/corporate/companies/m-pesa-users-get-access-to-seven-african-countries-2085472 M-Pesa Foundation. n.d. Accessed June 23, 2024. https://www.facebook.com/MPESAFoundation/?fref=nf “Microsoft Apps.” n.d. Microsoft Apps. Accessed June 23, 2024. https://apps.microsoft.com/home?hl=en-in&gl=IN