E-commerce powers growth of Kenya’s IT security market

Already, companies like Nakumatt and Uchumi are utilising this avenue, allowing their local customers to top up values on their cards in the same manner that airtime is loaded on a mobile phone.

In addition, the bank plans to integrate a feature that will link mobiles to websites, allowing for payments to be made using mobile cash options such as M-Pesa.

“Given the dynamics of this market, introducing a m-commerce feature is imperative if you want to succeed locally,” said Barry Coetzee, CEO of Iveri, who developed the portal for I&M bank.