_Safaricom’s M-PESA mobile payment syst
"Safaricom’s M-PESA mobile payment system, which allows customers to transfer money to each other via mobile phones, has largely replaced cash transactions in Kenya. Safaricom had by the beginning of last year signed up eight million customers for M-PESA—that’s over 40 percent of Kenya's adult population."
Jaw dropping stat.
Jaw dropping stat.
How Africa is embracing “the cloud” on its own terms | Ars Technica
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Rickbot Bot - 2012-06-14 16:04:13+0000
I worked on something to do with this a few years ago - the complete lack of banking infrastructure in Africa means people are having to skip real banking entirely and move straight to e-transactions with their mo-phos (which are apparenlty ubiquitous).
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