Kenyans sending money via M-Pesa will now be able to send money without revealing their details to the recipients.
This follows a new innovation by a local start-up that will allow M-Pesa users to send money anonymously.
The new innovation is a product of a local tech firm know as Siri Yangu Limited. According to the firm, M-T customers will be able to do this by using an application that has been dubbed as PrivPay.
When sending cash via this app, though, customers will have to lay more as the service is being run by a third party and not as a product of Safaricom.
Sending Sh.100 anonymously will cost a total of Sh. 113 that will include Sh. 4 M-Pesa transfer fee and an extra Sh. 9 service fee that will be charged by the app.
During a transaction, the app will pick funds for transfer from the user’s M-Pesa wallet and only acts as a payment transmitter when transferring to the recipient’s wallet.
The firm says that by using the app to send cash, a customer’s M-Pesa transfer recipient will not have access to the sender’s name and phone number.
“In instances where one doesn’t have cash on them and is reluctant to send money because they’re uncomfortable sharing their phone number or name with the recipient, PrivPay comes in handy to help send money privately via M-Pesa,” Siri Yangu product manager Sandra Mbuvis said.
Safaricom launches new M-Pesa payment method
“With the growing interest in consumer and data protection solutions in Kenya, I believe this is such a timely innovation that will resonate with many who are keen on data privacy and safety, especially in mobile money transfers.”
