Airtel loses bid to force Safaricom to cut M-PESA fees

The Competition Authority of Kenya (CAK) says it doesn’t have jurisdiction to order Safaricom to cut M-Pesa cross network transaction fees.

The CAK says these powers exist with the Central Bank of Kenya (CBK) and Communications Authority of Kenya (CA).

Read more: Airtel loses bid to force Safaricom to cut M-Pesa fees – ITWeb Africa.

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