Safaricom tightens its grip on M-Pesa flows to curb dirty cash

Safaricom advised customers who have not yet registered for mobile money services to visit its shop or M-Pesa agent with their Identity Document (ID) card to register. "We encourage customers who are not registered for mobile money services to register by visiting a Safaricom shop or M-Pesa agent with their Identity Document (ID) card," said Safaricom.

Earlier, Safaricom's money laundering reporting office wrote to its partner financial institutions including banks asking them to provide details of Know Your Customer (KYC) and anti-money laundering details.