M-PESA is finally getting Tap-to-Pay, wallet sharing & AI fraud detection with major ‘Fintech 2.0’ upgrade
Safaricom is revamping its cornerstone mobile money platform, M-PESA, to meet the escalating demands of the modern digital economy. Group CEO Dr. Peter Ndegwa..
✨ Key Highlights
M-PESA is undergoing a major "Fintech 2.0" upgrade, introducing features like tap-to-pay, wallet sharing, and AI-powered fraud detection. This significant revamp aims to meet modern digital economy demands and enhance both convenience and security for users.
- The upgrade, dubbed "Fintech 2.0," promises "more speeds, more capacity, therefore more resilience."
- Safaricom Group CEO Dr. Peter Ndegwa confirmed the rollout, emphasizing a complete architectural overhaul.
- New features include native tap to pay, enabling users to grant transactional access to their M-PESA funds, and a bill-splitting functionality.
- The platform will integrate AI for proactive fraud detection, strengthening security against sophisticated scams like SIM swap fraud.
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Safaricom's M-PESA 'Fintech 2.0' Upgrade Adds AI Fraud Detection Amidst Report on Surging Digital Fraud in Kenya - November 2025
Safaricom has announced a major "Fintech 2.0" upgrade for M-PESA, introducing features like tap-to-pay, wallet sharing, and AI-powered fraud detection. The upgrade also transitions M-PESA to an "always-on" service, officially ending service downtimes that were previously required for system maintenance. This significant revamp aims to enhance both convenience and security for users. The addition of AI-powered security comes as a new TransUnion report reveals a significant surge in digital fraud in Kenya. The report notes that Kenya faces a higher fraud risk compared to global averages, with methods becoming more sophisticated, including AI-driven impersonation.
