Wednesday, July 18, 2012

M-PESA, mobile money: Kenya leads the world

Click a few keys, exchange a few numbers, and it’s done. With just a mobile phone and a registration with Safaricom, Kenya’s mobile service giant, you can pay for anything in seconds – no cash, no long journeys to towns to reach a bank, and no long lines when you get there. This is M-PESA, the revolutionary approach to banking which is changing economies across Africa.

The service allows customers and businesses to pay for anything without needing cash, a bank account, or even a

More details here...

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