
M Pesa Agent Administrator Form


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People also ask mpesa agent application form
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How many people use M-PESA?
M-Pesa – one of the largest mobile money services in Africa – has seen a steady increase in customer numbers from 2017 to 2024, eventually signNowing over 66.2 million customers in the financial year ending 31 March 2024.
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How much profit do M-PESA agents make?
As an M-PESA Agent, you will be charged a fee of 0.123 % of the total value of the amount requested.
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Who controls M-PESA?
The move comes after Safaricom took control of M-Pesa Holding Company Limited —the firm that holds the cash powering its mobile money service— from London-based Vodafone Group Plc which is its ultimate parent company. Safaricom paid Vodafone a amount of $1 (Sh151) in the transaction.
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How many M-PESA agents are there?
Established on 6th March 2007 by Vodafone's Kenyan associate, Safaricom, M-PESA is Africa's leading mobile money service with more than 660,000 active agents operating across the Democratic Republic of Congo (DRC), Egypt, Ghana, Kenya, Lesotho, Mozambique, Ethiopia and Tanzania.
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How many mobile money agents are there in Kenya?
As of July 2023, Kenya had roughly 320,912 active mobile money agents. The agents are characterized as a person or business contracted to facilitate transactions for mobile money users. Since January 2020, the number of agents generally increased in the country.
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What is an M-PESA agent?
M-PESA is a branchless banking service; M-PESA customers can deposit and withdraw money from a network of agents that includes airtime resellers and retail outlets acting as banking agents.
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How much profit do M-PESA agents make?
As an M-PESA Agent, you will be charged a fee of 0.123 % of the total value of the amount requested.
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Who is the man behind M-PESA?
Nick Hughes led the team to take M-PESA from concept to scale, a mobile money project that has revolutionized the life of millions of Africans since it launched in 2007. In 2012, Nick launched a new project, M-KOPA.
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