Kenya’s PesaPoint To Launch “Super Agent Network”

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CompassMapA3Safaricom’s M-PESA, Airtel Money and all the banks have agents counting to over 100,000 in total countrywide.

Now, PesaPoint a Paynet Group member says it will launch a super agent network in the country with over 1200 agents countrywide and working just like its PesaPoint ATMs. PesaPoin ATMs work with partner banks, insurance firms, deposit taking micro finance institutions and mobile money to allow consumers access teir cash easily.

“The agent network will be able provide cash in and cash out services to subscribers of any mobile money service, enable cash withdrawal for debit cards issued by banks in Kenya and at the same time vend airtime, micro insurance, power tokens among other services.” said PesaPoint Agent Network CEO Frederik Eijkman in a statement.

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He also added that the firm has deployed an intelligent engine to manage the agent network infrastucture  and support hundreds of products and operations at POS, mPOS and Mobile terminals at various retail outlets in the country. The firm will als offer its agent network as a branding and advertising platform where banks, insurance firms among others can promote their services.
“We are in the process of re-branding all our agent outlets located at Nakumatt, Tuskys, My Shop and all other locations to ensure that our agent outlets communicate the same values,” Mr. Eijkman concluded.
It’s competition will be Safaricom’s M-PESA agent network, Equity Bank’s agent network and its yet to be launch mobile money services among others.
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Sam Wakoba
Sam Wakoba
http://techmoran.com
Based in Nairobi, Kenya, Sam Wakoba is a pan-African technology journalist, author, entrepreneur, technology business mentor, judge, educationalist, and a sought-after speaker and panelist across Africa’s innovation ecosystem. He is the convenor of the popular monthly #TechNight evening event and the #StartupEast Awards and Conference, platforms that bring together startup founders, developers, entrepreneurs, investors, content creators, and tech professionals from across the continent. For more than 16 years, Sam has reported on and analysed Africa’s technology landscape, covering some of the continent’s most impactful, and at times controversial policies, programs, investors, co-founders, startups, and corporations. His work is known for its independence, depth, and fairness, with a singular goal of helping build and strengthen Africa’s nascent technology ecosystem. Beyond journalism, Sam is a business analyst and consultant, working with brands, universities, corporates, SMEs, and startups across East Africa, as well as international companies entering the East African market or scaling across Africa. In his free time, he volunteers as a consulting editor and fintech analyst at Business Tech Kenya, a business, technology, and data firm that publishes reports, reviews, and insights on business and technology trends in Kenya. Follow him on X: @SamWakoba
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