Safaricom airtime dealers trail M-Pesa agents in income

Bob Collymore. PHOTO | SALATON NJAU | NMG

Safaricom #ticker:SCOM airtime dealers’ earnings are trailing those of M-Pesa agents as about half of the telco’s subscribers top up directly from the mobile money platform.

Scratch card sellers saw their take home cash increase 5.9 per cent to Sh11.4 billion, slower than the 20.9 per cent growth in commission earnings of Sh17.7 billion for M-Pesa agents in the year ended March.

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