The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
NAIROBI: Global payments firm, Visa, has launched a mobile payment solution in a move set to stir competition in the lucrative cash transfer industry currently dominated by Safaricom's M-Pesa.
The service dubbed mVisa, allows consumers to make purchases and money transactions using their mobile phones. The mVisa application runs on the Visa global network, hence transactions can be conducted at virtually any outlet that accepts Visa regardless the currency.
Premium Article
Get Full Access for Ksh299/Week.
Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.