Nairobi, Jan. 12 -- The High Court has ordered Safaricom and the Central Bank of Kenya to suspend the reintroduction of bank-to-MPesa charges pending the determination of a suit involving financial consumer rights.

The interim order was issued by High Court judge Mugure Thande in a petition filed by a Nairobi resident Mr Moses Wafula who claims that the charges should not be passed to consumers.

The order effectively stops the reintroduction of charges between mobile money wallets and bank transactions as advanced by the CBK through a press release issued on December 6, 2022.

Asking the court to put brakes on the charges, Mr Wafula said should the court find that the Mpesa Paybill charges are illegal more funds from the members of the ...