GK MPay is Grace Kennedy’s new branded mobile money service that was launched recently. It allows users to conduct monetary transactions, including paying for goods and services, from a virtual account. This account can be topped up and is connected to a bank account. GK MPay is a regulated virtual account that cuts a lot of the red tape associated with creating a formal bank account.
There are mobile apps that accompany GK MPay that allows consumers and merchants to interface with the platform and make transactions back and forth. This post focuses on the GK MPay consumer app and gives and overview of its functionality and fees.
The welcome screen allows users to read about GK MPay and then to sign in or register for a brand new GK MPay account tied to a mobile phone number.
After signing up or signing in you the user activates their PIN. They are also instructed on how to see more information about their account in settings.
At release, a GK MPay mobile app user can make purchases, transfer money, accept Western Union transactions, redeem reward sin the form of coupons, purchase phone credit among other things.
An Alternate layout of the main page can be shown by selecting “Use tiles on dashboard” option in the app settings.
At launch, the different fees for using GK MPay can be seen in the chart below. We will be doing additional testing with the service int he coming weeks and months. A follow-up article will be published as we track the uptake and usage of GK MPay especially as she competes with NCB’s Quisk.
GK MPay Consumer app is available for download now in the Google Play Store.
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