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i live in kenya and frequently use m-pesa, this service is too expensive, a charge for both sending and receiving money just won't fly, sadly it's backed by
by prisonguard 6y ago
i live in kenya and frequently use m-pesa, this service is too expensive,
a charge for both sending and receiving money just won't fly,
sadly it's backed by powers that be who constantly stiffle innovation in the payment space,
kenya is still in dark ages in fairness and plurality of payment systems.
- coderintherye 6y agoI think, while your view point is valid, it ignores that, at the time, M-PESA was a huge leap forward. They were doing mobile money before pretty much anyone. Now, yes, Safaricom has monopolized it and is falling behind and overcharging, but that doesn't negate the initial innovation having been world-changing.
- prisonguard 6y agotechnology has gone past simple cash transfer via USSD we are talking of virtual currencies, trust networks, tokens now.