Telkom Kenya CEO Aldo Mareuse (Photo / Business Daily)
Telkom Kenya has completed rebranding Orange Money to Telkom money and the communication giant is awaiting the Central Bank of Kenya (CBK) to give the mobile money a licence inorder to be fully operational.The mobile money platform was shut down in July last year for the company to upgrade the service to a more sophisticated and customer friendly technology.The telco had also relaunched after being sold by Orange of France to Helios investment partners.Chief executive Aldo Mareuse on Friday said that they had completed the pilot process and they were awaiting CBKs approval inorder for them to conduct a launch.“Our platform is now ready, we are in the final stages to get our licence and our hope is to launch the service as soon as we have a licence,” CEO Mareuse said.The CEO also said that once the platform is launched, the Telco will join the piloting interoperability scheme with Airtel and Safaricom whereby mobile money users will send and receive money across networks in real time.Between January and April last year before the scrapping of orange money, the platform had transacted sh 125 million against a total of sh 1.2 trillion across all Mobile money platforms.