Post Tagged with: "Safaricom"

M-Pesa’s Mobile Banking Platform Moves to Realtime

M-Pesa’s Mobile Banking Platform Moves to Realtime

by May 8, 2014 at 12:33 pm 0 comments

The wait is over — realtime mobile banking transactions are here! Here, that is, if you are in Kenya or another country served by M-Pesa. The realtime service was unveiled today. M-Pesa, the money transfer service launched by the mobile phone service provider Safaricom in 2007, has made Kenya theRead More

VIDEO: The M-Pesa Story — and Google’s Attempt to Replicate It

by April 25, 2013 at 12:30 pm 1 comment

“The only significant change in money since credit cards, 60 years ago, is M-Pesa. The transaction costs for it are so minimal that banks cannot compete with it.” – Erik Hersman, Founder,┬áiHub. The story of Kenya’s M-Pesa network, launched by Safaricom, is well known. But did you know Google isRead More