What does PESA mean in LONDON STOCK EXCHANGE
CP GDR 4A is an abbreviation used to refer to the M-PESA mobile payment platform operated by the Safaricom Company in Kenya. M-PESA was launched in 2007 and has become one of the most successful mobile money platforms in Africa. It enables users to send and receive money, buy goods and services, pay bills, save money and access loans using their phones.
PESA meaning in London Stock Exchange in Business
PESA mostly used in an acronym London Stock Exchange in Category Business that means Press Cp Gdr 4A
Shorthand: PESA,
Full Form: Press Cp Gdr 4A
For more information of "Press Cp Gdr 4A", see the section below.
Essential Questions and Answers on Press Cp Gdr 4A in "BUSINESS»LSE"
What does CP GDR 4A stand for?
CP GDR 4A stands for ‘M-PESA' which is a mobile payment platform powered by Safaricom Company in Kenya.
What services does M-PESA offer?
With M-PESA, users can send and receive money, buy goods and services, pay bills, save money, access loans, and more all through their phone.
How secure is the M-PESA system?
The security of the M-PESA system is of utmost importance to Safaricom. To protect customers' funds from theft or fraud, there are various security measures such as encryption technology, two factor authentication (PIN + USSD), SSL certificates for websites taking payments via M-PESA.
How do I register for an M-PESA account?
Registering with M-PESA is easy - all you need to do is visit your nearest Safaricom shop with a valid national identification document. You will be required to provide personal information such as your name and physical address then you will be issued with your own PIN that you can use to access your account.
Is there a charge associated with using the M-PESA platform?
Normally there are no additional charges on transactions made using M- PESA but some third party providers may charge a fee for certain services rendered via the platform.
Final Words:
The CP GDR 4A abbreviation stands for ‘Mpesa' - a mobile payment platform powered by Safaricom Company in Kenya that provides solutions for sending and receiving money safely as well as buying goods & services at reasonable fees without having to carry physical cash around. Many Kenyans have embraced this technology making it one of the most successful mobile money platforms across Africa today.
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