Blow to betting firms as Safaricom suspends M-Pesa paybill numbers

Cash handled by mobile money agents crossed the Sh700 billion mark for the first time in July. FILE PHOTO | NMG

Safaricom #ticker:SCOM Friday suspended M-Pesa pay bills betting firms including SportPesa and Betin two days after a government directive.

Customers have been unable to load funds into their betting wallets since Friday following the Betting Control and Licensing Board (BCLB) directive despite court orders suspending the move.

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Note: The results are not exact but very close to the actual.