Safaricom #ticker:SCOM is considering cutting M-Pesa transaction fees in efforts to retain the higher business volumes that followed the imposition of free M-Pesa for deals of up to Sh1,000.
The telco’s CEO, Peter Ndegwa, hinted that the firm may offer price cuts to retain customers who have joined the service and those who revved up transactions due to free transfers that were introduced in March.
