August 20, 2014
The mobile-money service M-Pesa is finding itself in a price war. On Tuesday (Aug. 19), Vodafone subsidiary Safaricom said that it would slash its fees by as much as 67 percent, in anticipation of imminent price competition from a similar service coming from Equity Bank, the Wall Street Journal reported. “Equity’s yet-to-be-launched service boasts lower […]