Safaricom has partnered with the public transport sector to roll out cashless payments through M-PESA.
This move comes amid calls by passengers and the government to the PSV sector to help fight to combat the spread of the Coronavirus.
Our partnership with the different public transit players brings the convenience and safety of M-PESA to this crucial sector given the widespread uptake of public transport across the country,” said Sitoyo Lopokoiyit, Safaricom's Chief Financial Services Officer.
The service has already been deployed to more than 300 City Star Shuttle vehicles in Nairobi and will be rolled out to additional players in the coming days.
Helping the PSV sector
This will help the PSV sector to further comply with the Government’s recommendations to combat the spread of Coronavirus.
Safaricom announced that it will be waiving fees for M-Pesa transactions below Ksh1,000 to deepen mobile money usage and reduce the risk of spreading coronavirus.
“Many businesses are seeing an increase in demand to accept M-PESA payments due to the ongoing concerns around the Coronavirus and our recent move to enable Kenyans to send M-PESA transactions of Ksh1,000 and below for free," he added.
Safaricom said the 90-day waiver came into effect following a presidential directive to avoid the risk of transmission through physical handling of money.