Safaricom #ticker:SCOM and its South African parent company Vodacom have completed the buying of intellectual property rights to M-Pesa service from British firm Vodafone in a deal estimated at Sh1.42 billion ($13.4 million).
The two announced on Tuesday that the completion of the deal, first announced last year, will give them full control of the M-Pesa brand, product development and support services.
