The crypto-currency will positively impact Africa
The M-Pesa platform is empowering Africans, who have unique needs
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.