Safaricom says scanner rollout plan on course

JOHN MUTUA

Safaricom says an ongoing drive to arm its agents with currency scanners that identify fake money will not be affected by the unveiling of new notes by Central Bank of Kenya (CBK) more than a week ago.

Safaricom Chief Corporate Security Officer Nicholas Mulila told Business Daily that the telco had already factored in the changes following a heads up from the banking regulator on the new notes last year.

“Before we started CBK had already told us of the plans to change the currency, only that the timelines had not been set, we had factored that in our plans of getting the scanners for all our agents,” Mr Mulila said.

Mr Mulila however noted that while the scanner roll-out will not be affected, the telco is monitoring the current batch to see if they may be need for re-configuration.

he company started rolling out the scanners last year in efforts to curb circulation of fake currency and stem money laundering through M-Pesa, the biggest mobile money platform in the country.