Six months since Safaricom brought its MPESA servers back home, the telecom giant has announced that it has opened up its MPESA platform to allow local and international developers come up with next-generation.
“One of the advantages of the new MPESA platform is the fact that it is easier to integrate with other financial platforms to offer more or improved services to our customers,” said Betty Mwangi, Director- Financial Services, Safaricom.
The developer community has been anxiously waiting for Safaricom’s MPESA API service, to enable them build apps that would enhance the functionality of M-Pesa to their e-commerce applications.
When the MPESA platform was located in Germany, the system was comparatively slow and the process of implementing the MPESA API complicated due to the need for approvals from the team manning the servers.
Safaricom has over 23 million subscribers, with over 19 million customers using MPESA. These huge numbers entice developers to come up with new innovative solutions for Business to Consumer, Consumer to Business, and Business to Business channels, that will now run off the new MPESA platform.
“As we have always said, innovation is at the heart of everything we do. We do however accept that innovation cannot come from us alone- it takes partnerships to come up with some of the best possible solutions that will help Transform Lives.” said Ms. Mwangi.
The opening up of MPESA API’s supplements other fresh initiatives designed at improving MPESA transactions and establishing a Cash Less economy through Lipa Na MPESA which is an e-commerce platform.