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Here is something we spotted: that one-fourth of Kenya's GDP flows through this mobile payment system called mPesa http://statspotting.com/2011/04/kenyas-m-pes
by npguy 14y ago
Here is something we spotted: that one-fourth of Kenya's GDP flows through this mobile payment system called mPesa
http://statspotting.com/2011/04/kenyas-m-pesa-the-unbelievable-success-story-in-numbers/ http://statspotting.com/2011/04/kenyas-m-pesa-the-unbelievab...
- denzil_correa 14y agoTFS - I see you draw heavily from a report from Bill & Melinda Gates Foundation [0]. I found this part very interesting. > Safaricom also benefited from launching the service in a country which contained several enabling conditions for a successful mobile money deployment, including: strong latent demand for domestic remittances, poor quality of available financial services, a banking regulator which permitted Safaricom to experiment with different business models and distribution channels, and a mobile communications market characterized by Safaricom’s dominant market position and low commissions on airtime sales. If these indeed are the parameters, one should make a list of countries which satisfy these requirements and do some compare/contrast study. [0] http://www.microfinancegateway.org/gm/document-1.9.43376/Mobile%20Payments%20Go%20Viral_M-PESA%20in%20Kenya.pdf http://www.microfinancegateway.org/gm/document-1.9.43376/Mob...