Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


MyNews24 is a user-generated section of News24 Kenya. The stories here come from users.

Latest Badges:

View all Nechesa Chemoi898's badges.

Safaricom launches M-PESA SurePay

06 March 2015, 10:59 Nechesa Chemoi

Nairobi – Safaricom has introduced a new service that will allow organizations to track funds sent to beneficiaries via its mobile money solution M-PESA.

The solution, named M-PESA SurePay, is a closed loop payment system engineered for corporates and Public Benefit Organisations (PBO’s) who disburse funds directly to beneficiaries. The funds are sent directly to a beneficiary’s phone and the solution allows for the funding organization to place restrictions to be placed on where the money spent.

“M-PESA SurePay allows fund managers to trace the entire value chain right from disbursement to expenditure of the funds, addressing challenges such as mismanagement and misappropriation of funds which are intended for particular causes,” said Betty Mwangi, General Manager for Financial Services, Safaricom.

For instance, the World Food Programme (WFP) is using M-PESA SurePay to send food vouchers to beneficiaries in five food-scarce counties around the country. WFP is able to ensure that the cash sent to the beneficiaries is only used to pay for food and is also able to monitor how much is left as a balance as well as ensure it is spent in designated stores.

M-PESA Surepay is also being used by other customers to pay salaries for staff who live in areas that are not covered effectively by financial institutions, and will soon be used to disburse loans to farmers who need to buy inputs.

Also read: Safaricom discontinues unlimited offer

The first of its kind solution leverages on the fact that M-PESA currently has over 21 million customers and has over the last years emerged as a preferred method for non-cash payments.

M-PESA Surepay extends the security attributes of M-PESA by lowering the cost of disbursing funds and helping in the generation of electronic records for the disbursing organizations.

The introduction of the M-PESA SurePay comes as Safaricom’s drive towards a CashLite economy picks up pace with the planned deployment of a new M-PESA platform that will support up to 600 transactions per second, and pave way for deeper integration with other Financial Service systems.

For the latest on national news, politics, sport, entertainment and more follow us on Twitter and like our Facebook page!

- MyNews24

Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received.

Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Submitted by
Victor Tinto
Its a 1 horse race to State House...

Its a 1 horse race to State House, DP William Ruto has mocked the CORD Coalition. Read more...

Submitted by
Victor Tinto
Enjoy your time left in power, We...

CORD Co Principal Moses Wetangu'la has told the Jubilee Coalition to enjoy its last few months in power before it is voted out in the 2017 elections. Read more...

Submitted by
Victor Tinto
Stop hiding in State House and sa...

ODM MP's have called on President Uhuru Kenyatta to release drought aid and to stop sitting on public funds. Read more...

Submitted by
William Korir
Machakos no longer a CORD zone, M...

Machakos is now a Jubilee Party zone and no longer CORD, Governor Alfred Mutua says. Read more...

Submitted by
William Korir
REVEALED: Why Kalonzo attacked Uh...

There was no holding back for CORD co principal Kalonzo Musyoka as he spoke his mind during Mashujaa Day celebrations in Machakos. But why? Read more...

Submitted by
William Korir
I will step down if I lose in 201...

President Uhuru Kenyatta says that he is ready to step down from office if he loses the 2017 General Elections. Read more...