In a groundbreaking move aimed at curbing incidents of spamming and identity theft, M-Pesa users can now transmit funds via the mobile platform while keeping their personal information concealed from the recipient.
The introduction of PrivaPay, an application released by software start-up Siri Yangu Limited; this innovative feature will enable M-Pesa customers to safeguard their sensitive data, preventing it from falling into the wrong hands.
By choosing to hide their personal information, users can now send money to individuals with greater privacy and security. With the new app, the recipient of an M-Pesa transfer will no longer be able to see the name or phone number of the sender.
Once the transaction is successful, the sender gets a message from PrivPay notifying them that the money has been delivered to the recipient while another message from M-Pesa indicates that the user has implemented a payment to Siri Yangu Limited.
The recipient on the other hand receives two messages, one from PrivPay and another one from M-Pesa. None of the messages discloses the identity of the sender who is able to give a description of the payment.
A Business Daily spot check has revealed that transferring Sh100 through PrivPay will incur a total cost of Sh13, with Sh4 collected by M-Pesa and Sh9 charged by PrivPay. Although, the same transaction is free of charge on the M-Pesa ecosystem.
The additional fees are probable to restrict the adoption of the service to individuals who highly value their privacy.
Currently, the PrivPay application is available for free download on both Android and iOS platforms, and it exclusively caters to M-Pesa users. However, Siri Yangu has disclosed its intentions to enhance its services by integrating Airtel Money and T-Kash in the near future.
According to the developers, this feature will be particularly useful for charitable contributions and donations where privacy and anonymity are of utmost importance. The app provides a much-needed layer of security, ensuring that personal information is not revealed during transactions.
This development is poised to revolutionize the mobile payment industry, allowing users to conduct transactions with increased confidence and peace of mind.
As mobile Money transfers continue to gain popularity in the digital age, it is essential that developers prioritize user privacy and security. Siri Yangu Limited has demonstrated its commitment to this by introducing PrivPay, a step that is sure to have a significant impact on the industry.
According to the developer, the timing of this innovation could not have been better. With the growing interest in consumer and data protection solutions in Kenya, this development is expected to resonate with many users who are keen on maintaining their data privacy and safety.
The impact of this innovation could be far-reaching, as it addresses one of the critical concerns of users in the mobile money transfer space. The developer’s commitment to ensuring the safety and privacy of users is a positive sign that the industry is evolving to meet the changing needs of customers.
As the mobile money transfer industry continues to grow, it is essential that developers prioritize data privacy and safety. This innovation is a significant step in this direction and is expected to pave the way for more innovative solutions in the future.
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