Safaricom launches a rent collection service
22 August 2013, 16:46
Nairobi - Safaricom has launched a new product dubbed Lipa Kodi na M-Pesa to ease rent collection and payment.
Under the scheme, The Standard reports that a transaction fee of KES 6 will be levied on rent of up to KES 5 000 while tenants who pay rent of between KES 50 000 and 70 000 will be charged a standard fee of KES 220.
The new product is designed to offer convenience and cost efficiency to all parties in the real estate sector, including tenants.
- For more details visit The Standard