Money transfer service to boost diaspora remittances
By Macharia Kamau
A non-governmental organisation has developed a money transfer system that will help Kenyans in the diaspora remit money home.
The organisation, Heart for the City, said the facility dubbed Ushindi Mobile Money is a comprehensive payment management service that runs on the web and WAP through Java enabled phones.
The service will enable customers perform cross border money transfers as well interact with their bank accounts through their cell phones.
Though the service is network independent, Heart for the City has partnered with Mobile operator Essar Telecoms in launching the facility locally.
The facility is seen as a boost to Essar Telecoms’ yu brand that recently launched a mobile money transfer Service, yuCash, and try to battle for a share of the market that is dominated by Safaricom’s M-Pesa.
In a statement yesterday, Heart for the City, said the partnership would see yu and UMM set up computer centre across the country to bring the UMM and yucash services to more people.
UMM comes built in with any new yu line as an additional menu item. UMM will also provide access to cash through yuCash. "The service will be accessible and supported nationwide," said Lukas Njenga, the CEO Heart for the City.
"Our aim is to reach the Diaspora and connect them with family and friends. With UMM, one can pay bills, insurance premiums and send money from abroad."
He said customers could access the service from their mobile phones, which would enable them interact with their bank accounts.
Sh16b rail tender revised to expedite bid processThe Kenya Railways Corporation (KRC) has re-structured the tender for the construction of a new station on Mombasa Road, Nairobi.
Restoring Nairobi’s iconic librariesBook Bunk is turning public libraries into what they call ‘Palaces for The People' while introducing technology in every aspect.
PNU vows to back Raila, form coalition with ODM
By Samson Wire
- Eyes on Navy as Kenya takes tough stance on Somalia
- Grand reception for Raila as he storms Ruto’s Eldoret backyard
- Raila feted for championing unity, development
- Family pays tribute to businessman found dead in park
- Pregnancy, child loss comes with painful, silent grief
HEALTH & SCIENCE