Safaricom has launched a new product in the market, Fuliza ya Biashara, an overdraft facility for businesses. The new overdraft facility will allow companies to borrow up to Ksh. 400,000. In 2019, Safaricom introduced Fuliza; an overdraft mobile money. The product was jointly operated by Safaricom and two of Kenya’s largest banks, NCBA and Kenya Commercial Bank Limited (KCB). Previously the product was restricted to individuals seeking to complete payments when they have insufficient funds in their M-Pesa wallets. With a new window open for businesses, the product will allow business owners to complete transactions, by overdrawing their accounts, when … Continue reading Fuliza Ya Biashara; Safaricom Launches A New Product