Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
M-Pesa agent commissions rise 25 per cent to Sh10.6bn
An M-Pesa agent serves a customer in Nairobi. PHOTO | FILE
Safaricom’s M-Pesa agents earned total commissions of Sh10.6 billion in the year to March 2014, equivalent to nearly half (40 per cent) of the mobile money platform’s revenue.
The agents’ take-home grew by a quarter from Sh8.5 billion in 2013 driven by an increase in M-Pesa subscribers and a surge in the average number of transactions per customer.