Technological disruptions keep changing the way things are done in the world of commerce and indeed other sectors, making it a lot easier to live life and engage in profitable businesses. As both our personal and professional worlds become increasingly digitized, sticking to old cash-and-check payment systems means valuable time …

In a hypothetical realm, envision a scenario where obtaining your morning coffee, paying off your expenses, and even buying essential household items can all be accomplished from the luxury of your own dwelling. Acknowledging the influence of the internet, this world has now become a tangible reality. Enter the several …

In today's business landscape, managing payments is essential for success. As more businesses are moving online, payment platforms have become a necessity. Payoneer and IntaSend are two of the most popular payment platforms available, but which one is best for your business?

This article provides an in-depth comparison of Payoneer …

Easy access to healthcare is crucial for the well-being of individuals and communities alike. With easier access, people are more likely to seek preventive care and early treatments for illnesses, thus reducing the chances of complications or worsening conditions later on. Additionally, having healthcare services within reach contributes to reduced …

As technology continues to advance at a rapid pace, businesses in Kenya must keep up to stay relevant and competitive. With consumers increasingly opting for online payment methods, businesses must adapt and integrate payment solutions that cater to these needs. Payment processors have emerged as a reliable solution for facilitating …

As the world continues to advance technologically, more and more businesses are moving toward the digital space. E-commerce has become the new normal, and with this shift comes the need for secure and reliable payment gateways. But what exactly is a payment gateway in Kenya, and why is it so …

The Central Bank of Kenya is a prominent financial institution that has been at the forefront of shaping the Kenyan economy for several decades. As the primary regulator and overseer of the country's financial system, the Central Bank of Kenya plays a vital role in safeguarding the financial stability of …

As the world continues to embrace the digital age, more and more individuals are looking to secure online writing jobs to supplement their income or pursue a full-time career as a writer. However, with the proliferation of online platforms offering writing jobs, it can be challenging to determine which one …

The rise Salary advance providers in Kenya are transforming Kenya's financial industry by providing fast access to funds and empowering borrowers. These lenders offer short-term loans based on an individual's expected salary, without requiring collateral or extensive credit checks.

In this article, we'll explore the impact of salary advance providers …

MPesa transaction charges have become a controversial topic in Kenya, as they have the potential to discourage users from utilizing digital payment platforms. Generally, these fees can vary depending on the provider and the specific payment method being used, but they can significantly increase the overall cost of making an …

Have you ever returned a product or service to a business, only to wonder how they keep track of all the ins and outs of their finances? Here comes the credit note: a powerful tool that allows businesses to accurately record the movement of money and ensure that their …

Currency exchange rates are a crucial aspect of international trade and finance, determining the value of one country's currency against another's. Understanding exchange rates is particularly important in Kenya, a country whose economy is heavily reliant on international trade and remittances from abroad. If you are interested with the current …

Invoicing is an integral part of any business, yet it can be tedious, time-consuming, and prone to errors. Enter invoice generators – a tool that can revolutionize your billing process. In this article, we'll dive deep into how invoice generators work and explore the benefits of using one, including increased …

Get the most out of Fiverr payment as a freelancer. Learn about the challenges and alternatives with our comprehensive guide. 

Fiverr is a leading online platform that connects freelancers with clients from all over the world. With its user-friendly interface and easy-to-use tools, it has become a go-to resource for …

Money makes the world go round, or so the saying goes. But in Kenya, it's not just any money that's turning the wheels of the economy; it's mobile money. According to a Statista post, with over 50 million mobile money subscribers and counting, Kenya is one of the world's …

Severance pay can be a confusing and overwhelming topic for both employees and employers in Kenya. Understanding the laws and regulations surrounding severance pay, as well as how it is calculated, can be difficult. In this article, we aim to break down these complexities and provide a clear understanding of …

Learn how to stay up-to-date with the latest business online trends and learn how to adapt your online business to succeed in the digital landscape - Read on!

Introduction

If you're still running your business like it's 1999, it's time to stop living in the past and start embracing the …

This guide will cover the process of withdrawing money from Skrill to MPesa, a popular mobile money transfer service in Kenya. By reading this guide, freelancers in Kenya will learn how to quickly and easily transfer their earnings from online platforms to their MPesa account, allowing them access to their …

As a small business owner, managing your finances is critical to ensuring success. However, with late-paying customers and unpredictable revenue streams, it can be challenging to keep your cash flow stable. That's where invoice factoring comes in.

According to Business News Daily, invoice factoring is a financing option that …

Welcome to the world of online entrepreneurship, where the sky is the limit and success is within your grasp. However, before you set out on this exciting journey, there's one crucial element that you need to consider - choosing the right niche. In today's ever-expanding online marketplace, finding the right …

Imagine for a moment that you're holding a report in your hands. It's not just any report - it's an attachment report. As you flip through its pages, you're struck by the depth of understanding it provides. You see charts and graphs that help you make sense of complex data. …

In the world of business, especially with the hassles involved with managing one today, time is money. As a business owner, you understand that better than anyone. But what if you could free up your time to focus on the core aspects of your business, like growth and innovation? That's …

In this article, you'll learn how to integrate MPesa API and automate payments. IntaSend offers powerful SDKs and tools that will enable you to get started easily. If you are interested only on the SDKs, you can skip the introduction and go directly to the "Easy setup and activation" section. …

Find out meaning of SME in this detailed guide. Learn everything about what it takes to start a small and medium enterprise.

Introduction

Micro, Small and Medium Enterprises (MSMEs) play a pivotal role in the growth and development of any economy. In Kenya, MSMEs are an essential component of the …

In today's rapidly evolving digital age, it is essential to ensure that your eCommerce platform integrates with an Enterprise Resource Planning (ERP) system. The seamless integration of these two systems not only saves time but also improves overall efficiency. However, integrating an eCommerce platform with an ERP can be a …

Every shilling on paper has a Budget before the month begins.

Budgeting importance is a topic that has been discussed in numerous personal finance articles and books. But have you ever thought of budgeting as a way to achieve your wildest dreams and live the life you've always wanted? …

If you're a business owner, investor, or anyone interested in finance, understanding a company's financial health is essential. The balance sheet is one of the financial statements that provides this valuable insight. However, deciphering a balance sheet can be challenging, especially if you're not familiar with accounting. In this comprehensive …

A cash flow statement is a critical financial document that provides valuable insights into a company's financial health. It reflects the amount of cash coming in and going out of the business during a specified period, usually a quarter or a year. A cash flow statement helps business owners, investors, …

As a small business owner, you know that your time and resources are precious, and every penny counts. While you may be an expert in your industry, managing the finances of your business can be challenging, especially if you don't have a background in accounting or bookkeeping.

However, with the …

Discover the many advantages of IntaSend, the perfect Popote Pay alternative. Continue reading to find out why IntaSend is the better choice and learn how it can help your business grow.

The Kenyan digital payment industry is an exciting and constantly evolving space, and competition is a big part of …

What is a payment button and why do you need one for your new or existing website? If you're running an online business, you know how important it is to have a website that's easy to navigate, informative, and engaging. But what about the payment process? It's often overlooked, yet …

In the fast-paced digital age, it is no longer enough to offer customers traditional payment methods such as cash, checks, or credit cards. Customers want fast, convenient, and secure ways to transact, and that is where wallet providers come in. A wallet provider is a platform that enables individuals and …

B2B API integration can bring a wide range of benefits to businesses such as improved efficiency, increased revenue, and enhanced collaboration. However, implementing B2B API integration can also pose specific challenges such as security concerns and difficulty in measuring the ROI. This article will explore both the benefits and challenges …

Tax calculation in Kenya is the process of determining the amount of taxes owed by an individual or organization in the country. It is a crucial component of the tax system, as it ensures that taxpayers pay their fair share of taxes and helps to fund essential public services. The …

The banking industry in Kenya is constantly evolving, with new technologies and innovations constantly emerging. One area where this can be seen is in the payment systems used by banks and other financial institutions. The development of mobile money transfer, digital payments, and online banking has revolutionized the way Kenyans …

QuickBooks Online is a cloud-based accounting software that helps small business owners manage their finances. With features like invoicing, expense tracking, and financial reporting, QuickBooks Online streamlines the financial management process and provides valuable insights into the health of a business.

As a small business owner, it is crucial to …

The growth of digital payment providers has been greatly aided by the rise of freelancers. Platforms such as Payoneer, Skrill, and PayPal have made it easier for freelancers to receive payments for their work, and have also provided new opportunities for businesses to access a global workforce. Today, most freelancers …

Filing KRA returns online has become a quick and easy process in Kenya. With the advancement of technology, taxpayers can now file their returns from the comfort of their homes or offices. In this article, we will guide you through the steps of how to file KRA returns online in …

It is not easy to send Zelle to MPesa because of lack of interoperability. In this article, we evaluate in details how mobile money has played a bit role in Africa and how Zelle is connecting financial institutions in the US. We'll also share more about Zelle to MPesa alternative …

The Kenyan banking sector is dominated by a few large commercial banks, including Equity Bank, Absa Bank, Co-operative Bank, Standard Chartered Bank, and KCB Group. These banks offer a range of loan products, including personal loans, mortgages, and business loans through mobile loan apps in Kenya. However, these loans can …

Card payments have become a crucial part of the fintech industry, providing customers with a convenient and secure way to make transactions. However, with any technology, there are bound to be card payment errors and issues that arise. In this article, we will be discussing the top card payment errors …

A Proforma Invoice is a document used in trade to provide a preliminary description of the goods or services being traded. It acts as a binding agreement between the buyer and the seller, indicating the details of the transaction such as product description, quantity, and price. The purpose of a …

The increasing adoption of digital payments has had a profound impact on economic growth in developing countries, and Kenya is no exception. The use of digital payment services, such as IntaSend, has greatly increased financial inclusion, reduced transaction costs, and improved the efficiency of the economy. However, the rise of …

Payment Gateway APIs are essential components of any e-commerce website that facilitates online transactions. These APIs provide a secure and seamless connection between a business's website and the customer's bank, enabling businesses to accept payments from customers with ease. The right payment gateway API can have a significant impact on …

Money transfer services in Kenya have come a long way in recent years, with several companies offering a range of options for sending and receiving money both domestically and internationally. In this article, we will delve into the history of money transfers in Kenya, as well as take a look …

According to the World Bank, Kenya's labor force consists of approximately 24 million people, making up approximately two-thirds of the country's population. Most workers are employed in the agricultural sector, followed by the manufacturing, trade, and service sectors. However, the informal sector, which includes small-scale agriculture, trade, …

Money laundering in Kenya is a serious problem that has garnered significant attention in recent years. Money laundering refers to the process of disguising the proceeds of illegal activities as legitimate funds. In Kenya, money laundering often involves the proceeds of corruption, drug trafficking, and other illicit activities. In this …

The popularity of money apps in Kenya has grown significantly in recent years due to a number of factors, including the proliferation of smartphones, the expansion of internet access, and the increasing adoption of digital financial services.

Smartphones have become widely available in Kenya, with over 30 million people using …

According to data from the GSMA, a trade organization for mobile operators, the number of mobile money accounts in Africa has grown significantly in recent years. In 2019, there were more than 500 million mobile money accounts on the continent, representing a penetration rate of over 40%. This trend …

M-Pesa is a pioneer in the world of digital and mobile money payments, and it has played a significant role in the growth of this industry in Kenya and the whole of Africa. Launched in 2007 by Safaricom, a leading telecommunications company in Kenya, M-Pesa has evolved into a household …