mobile money

Africa has led the world in mobile payments from the very start. A lack of wired infrastructure and large numbers of unbanked people with access to mobile phones meant that it was a natural fit. The likes of M-Pesa and Fundamo became household names, processing billions of dollars in transactions ...

Back in 2011, I was asked to give my thoughts on what I thought would trend in mobile within between then and 2020. One of my predictions was that: “Mobile money will shift economies on a large-scale and across borders.”It came as an interesting discovery to learn therefore that according ...

Mobile money has made more of an impact in Africa than a number of other emerging market regions. In fact, through services like Safricom’s M-Pesa, people on the continent have been using their mobile phones for financial transactions since long before Google brought out its wallet. But can emerging markets ...

In a continent where less than 20 percent of Africa's population has a bank account and where latent demand for money services is so high, why are there no other success stories on the scale of Safaricom’s MPESA service, in Kenya?Diverse factors such as distribution networks or Kenya's unique social ...

India's hunger for new technology is as sharp in its countless small villages as in its shiny office towers or shopping malls -- and businesses are waking up to an area of massive potential growth.Specific designs being aimed at Indian villagers include a mobile phone cash-transfer system, similar to that ...

Kenya is quickly gaining a competitive advantage in the mobile payments space. Led by mobile operator giant Safaricom with their Mpesa product, the market locally sees huge value in mobile money transactions. Add to that a regulatory system that is relaxed enough for innovation to be encouraged, and you have ...

If you’re in downtown Nairobi before the 4th of August, be sure to pop in to the Barber Q Hair Studio and get yourself a free head massage. The studio is on the 2nd Floor of El-Roi Plaza, close to the Odeon Cinema. This is just one example of the ...