Banking Through Mobile Phones with M-Pesa

Rocketboom field correspondent Ruud Elmendorp takes a look at banking through mobile devices in Kenya. For story links and more info visit http://www.rocketboom.com/rb_08_dec_17/

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Category:

Science & Technology

Tags:

• banking
• finance
• kenya
• technology

[HammandClov]

"the pin number is valid for only 2 hours."

[sluttyprincessxxx]

have u seen the state my gran is in???

[throbule]

@seartmboya:

That MPSA system was designed by an Indian national, not by an American or an African.

It also runs in many countries in ASIA and South America.

By the way - I am not a Westerner - I too am an African.

[seartmboya]

@sarahintampa2008

[seartmboya]

@throbule .explain where..coz an african country is making it in technology ,you think only the west are geniuses you so wrong..KENYAN MPESA TECHNOLOGY IS FIRST IN THE WORLD..live with it

[throbule]

@Alexdelannee:

Thats just bullshit - this system did not originate in Africa - it has been in existance in the USA for more than 20 years.

[brokenkeyyt]

"done for the wrong reasons". The background to the project was it was part funded by the UK government's Aid body and Vodafone's corporate and social responsibility section - its reasons were to expand access to financial services.

[konikula]

great reading on this theme also :) thx

[Alexdelannee]

Great reportage Ruud! Truly unique journalism, showing how the west can learn from Africa. Who needs banks...

Way the go keeping up with the subtitles by the way, showing the english what the dutch have had to endure ;) (Actualy thought me to speak english "proper" english)