Jun 19, 2011

M-PESA to be available at Caltex petrol stations

07th May 2008

Mobile phone service provider, Safaricom, and Chevron Kenya Ltd have

entered into a partnership that will make it possible for customers to access M-
PESA at selected Caltex service stations countrywide.

Under the agreement, Chevron Kenya, through its partners at retail fuel stations,
will be Agents for cash in / cash out & customer registrations for the increasingly
popular M-PESA money transfer service.

Speaking during the signing of the partnership agreement, Safaricom Chief
Executive Officer Michael Joseph said the arrangement will maximize coverage
and convenience of the service. “This partnership will deliver greater cost
efficiencies to Safaricom, while enabling us to expand our M-PESA agent
distribution to the advantage of our customers by utilising Chevron Kenya’s
national network,” said Joseph.

Chevron’s General Manager for Africa, Pakistan and Middle East, Jeremy
Passmore said customers visiting Caltex Star Mart shop have now have an
added value; adding “Our customers can fuel, shop and transfer money at one
location. This is in line with Chevron’s vision of being at the heart and mind of the
customers by continuously offering value added services.’

Safaricom CEO Michael Joseph, expressed optimism that more users will sign
up for the money transfer service, due to Chevron Kenya’s excellent customer
service. “By signing this agreement today we look forward to increasing the
supply of M-PESA by taking advantage of Chevron Kenya’s expertise in the
customer service sector.’

Currently, more that 20 Caltex outlets are offering M-PESA services and more
are expected to come on board. There are over 350 M-PESA Agents country
wide including Safaricom airtime dealers, supermarkets, cybercafés & other
retailers. Chevron is the 1st fuel station chain to offer M-PESA services.

Launched in March this year, M-PESA has harnessed a large portion of the un-
banked population, luring new users through decreased risk, affordability and
convenience of the transfer service. “We have registered more than 55,000
customers & moved more than 150Million KShs from 1 person to another since
the launch, and the numbers keeps rising as more people appreciate its
advantages,” said Joseph.

source: www.safaricom.co.ke