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Kenya: Cheers for M-PESA

Posted 28 August 2008 10:13 GMT 1 · Written by Ndesanjo Macha

Categories: Sub-Saharan Africa, Kenya, Economics & Business, Technology

There are reasons to cheer for M-PESA ^[1], the mobile banking system in Kenya: “Anyone with a new Safaricom sim card would have noticed two additional menus under the M-PESA section: ‘Buy Goods’ and ‘ATM Withdrawal’.”