A quick well done to Kenya (January 2017)

Published January 2017

A quick picture taken while working in Kenya. A very different way of doing business there. Love their advance payment system done on cell phones called M-Pesa. WELL DONE KENYA!

What is it? M-Pesa :

(M for mobile, pesa is Swahili for the word money) Basically the system is a mobile money transfer system used everywhere, more than cash.

Started in 2007 by the company Vodafone for Safaricom (who I have also had as a client) and Vodacom (also a client in S.A.),

Apparently the system is in South Africa (nowhere to be seen), and elsewhere in the world.

M-Pesa allows the used on their phone to deposit money into an account (another persons cell phone) linked by sim card / phones, and the transaction is completed by using the PIN-SMS text messages sent by the network.

Users are charged a small fee for sending and withdrawing money.

About 17 million M-Pesa accounts had been registered in Kenya - a country with 45 million people.

Jean-Pierre Murray-Kline - Internet & Social Media Specialist Jean-Pierre Murray-Kline - Internet & Social Media Specialist

Published January 2017


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