Thread by @TheAbojani

Today from 10am EAT, we will be doing a thread on the Layers of the M-PESA ecosystem.

Stay tuned. Stay Curious

@mmnjug @SokoAnalyst @sokodirectory @cheruiyotkb

1. Person to Person (P2P)
This refers to person-to-person transfers. To top up an M-PESA wallet, customers can either go to an M-PESA agent and convert hard cash into liquid cash or they can send the money from their bank account to M-PESA in what is known >>

as B2C(business to customer transaction). From here one can use the cash for several transactions such as payments, sending to another M-PESA subscriber etc. >>

This layer is driven by a huge M-PESA customer base, growth of cashless payments, social habits of Kenyans such as dependency and rural-urban migration

2. Financial services sector integration layer-
This layer involves major banks, over 30, and other financial sector players. Transactions here include M-PESA to bank/SACCOs etc and bank/SACCOs etc to M-PESA transactions

3. Mobile lending Layer
This layer involves the payment and reception of mobile loans from mobile lending service providers such as
•Mshwari
•Branch
•Tala
•Timiza
•Okash
•KCB M-PESA
Transactions in this space continue to grow.

4. Bill Payments/Buy Goods

This involves merchant payments from customers. Safaricom earns a commission in each of these transactions. It has become a very popular payment option in the Kenyan retail space and especially with merchants.

5. Paybill
Involves payments to merchants, organizations and govt agencies eg betting companies, e-citizen, KPLC tokens, Nairobi water, Insurance premium payments etc

6. Regional telco partnerships
This layer involves sending money to other mobile money networks in other countries such as
- Vodacom Tanzania,
-MTN Rwanda,
-MTN Uganda

7. Mobile money interoperability
This involves incoming and outgoing cross-network mobile money transactions from Telkom’s Tkash, Finserve’s Equitel, and Airtel’s Airtel money.

8. M-PESA Global
1. To East Africa: Rwanda, Tanzania & Uganda
2. Globally: To millions of Bank accounts and over 500,000 Western Union locations globally.
3. Paypal: Access funds quickly and shop around the world with PayPal mobile money service with M-PESA.

9. Pochi La Biashara is a product that allows business owners such as food vendors, small kiosk owners, boda-boda operators, second-hand clothes dealers, etc. to receive and separate business funds from personal funds on their M-PESA line.

10. M-Pesa for Business Super App, the Transacting Till that enables businesses to go beyond receiving payments to making business payments

11. The M-Pesa Super App with mini mobile apps which enable customers and businesses to accomplish day-to-day tasks - from shopping to accessing government services - without having to download different apps for each task