The crypto-currency will positively impact Africa
The M-Pesa platform is empowering Africans, who have unique needs
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Africa leads the world in mobile banking and can easily become an even brighter example for all to follow.
The potential of mobile-linked banking transactions is huge – but they must be cheap.
Cross-border transactions and cellphone-enabled cash transfers are set to simplify banking in South Africa.
The concept of mobile banking has been around for over 10 years and its earliest implementation, called e-money, was launched in Japan in 2001.
To 28-year-old Kenyan Mary Wanjiku, her cellphone is not just a cellphone. It is also a cheap, safe and easy way of sending her mother .
MTN on Monday said it was launching a mobile banking service in 21 African and Middle East countries where there is poor access to traditional banks.