17 October 2017
Find out more

Safaricom opens up M-Pesa API

08 September 2015  |  6219 views  |  0 web programming

Safaricom, the operator of the M-Pesa platform, has released an Application Programming Interface (API) to entice local and international developers into creating innovative new use cases for the popular mobile payments service.

The release of the API comes on the back of a major technical upgrade commissioned earlier this year, which saw servers used for processing M-Pesa moved from Germany to Kenya, and increasing competition from the likes of rival mobile operators such as Airtel and Orange.

Betty Mwangi, director, financial services, Safaricom, says: “One of the advantages of the new M-Pesa platform is the fact that it is easier to integrate with other financial platforms to offer more or improved services to our customers."

The mobile operator is now calling on third party developers to take up the challenge of devising new applications for business-to-consumer, consumer-to-business and business-to-business that can be plugged into the open tech backbone.

Separately, Safaricom has selected 13 startups from a field of 320 entries to enter a three-month incubation programme and compete for a share of a cash prize pot.
KeywordsDEVELOPER

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Equity Bank takes on M-Pesa with mobile money launch

Equity Bank takes on M-Pesa with mobile money launch

21 July 2015  |  7723 views  |  1 comments | 13 tweets | 8 linkedin
Vodafone and Walmart in Indian M-Pesa tie-up

Vodafone and Walmart in Indian M-Pesa tie-up

10 July 2015  |  7743 views  |  0 comments | 22 tweets | 16 linkedin
Equity Bank to take on M-Pesa with Thin SIM technology

Equity Bank to take on M-Pesa with Thin SIM technology

07 October 2014  |  8511 views  |  0 comments | 11 tweets | 6 linkedin
As Equity Bank preps rival, Safaricom slashes M-Pesa fees

As Equity Bank preps rival, Safaricom slashes M-Pesa fees

20 August 2014  |  6727 views  |  1 comments | 14 tweets | 8 linkedin
M-Pesa gets faster payments upgrade

M-Pesa gets faster payments upgrade

07 May 2014  |  7282 views  |  0 comments | 10 tweets | 9 linkedin

Related blogs

Create a blog about this story (membership required)
visit www.innotribe.comRegister nowvisit www.temenos.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
14388 views comments | 11 tweets | 3 linkedin
Taiwan's Far Eastern International Bank suffers malware attackTaiwan's Far Eastern International Bank su...
13044 views comments | 16 tweets | 22 linkedin
Monzo fends off suitors as current account upgrade beginsMonzo fends off suitors as current account...
8948 views comments | 17 tweets | 14 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
7880 views comments | 15 tweets | 20 linkedin
Ripple blockchain network hits 100-member markRipple blockchain network hits 100-member...
7587 views comments | 13 tweets | 13 linkedin

Featured job

Find your next job