Tech firm Siri Yangu Limited has launched a mobile platform dubbed PrivPay, that allows M-Pesa users to send money through the application and conceal their personal information from the recipient.
This new development aims at arresting spamming and identity theft incidents.
Through PrivPay, M-Pesa transfer recipients will not have access to the sender’s name and phone number.
“Where one doesn’t have cash on them and is reluctant to send money because they’re uncomfortable sharing their phone number or name with the recipient, PrivPay comes in handy to help send money privately via M-Pesa,” said Siri Yangu product manager Sandra Mbuvi.
“With the growing interest in consumer and data protection solutions in Kenya, I believe this is such a timely innovation that will resonate with many who are keen on data privacy and safety, especially in mobile money transfers,” she added.
The developer however says the service comes with an additional cost.
For instance transferring Sh100 will cost a total of Sh13, comprising Sh4 collected by M-Pesa and Sh9 charged by PrivPay.
A similar transaction is free on the M-Pesa ecosystem.
The PrivPay app, available for download for both Android and iOS is currently only exclusively serving M-Pesa users.
Siri Yangu says it plans to extend the service to Telkom Kenya’s T-Kash and Airtel Money in coming days.
A newsmaker, reporter and anchor at Pearl Radio, Ndalilah Sharon is witty and savvy.
She is also a firm believer of Christ.