By MUGAMBI MUTEGIMore by this AuthorSafaricom’s mobile money agents will soon start using photos to identify those withdrawing or depositing money on the M-Pesa platform to curb fraud. The telco has distributed 25,000 pre-programmed smartphones to M-Pesa agents for registration of new SIM cards. Faces of SIM card owners will be captured and their digital copies stored for retrieval during M-Pesa transactions. These include registering M-Pesa accounts using stolen or forged ID cards to steal from other accounts. Other transactions — such as Lipa Na M-Pesa, gaming, M-Shwari, KCB M-Pesa and airtime purchase — accounted for Sh1.8 trillion while person-to-person transfers recorded Sh1.6 trillion during the period.

Source: Daily Nation July 11, 2017 03:45 UTC