Safaricom Limited – M-PESA (bulk payment & utility bill) extension to service
From launch date in March 2007, customer numbers have grown to over 9 million subscribers in just over 36 months with an average of 11,000 new registrations per day and the agent network has grown from 3,000 agents to over 15,000 agents to date. M-PESA has evolved with time and now organizations are now able to pay employee salaries using the Bulk Payment function and Mobile phone users are now able to pay for their utility bills such as electricity bills by using M-PESA. All they need to do is go their phone menu and select the Pay Bill function to pay for their bills.
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