Mobile Banking

Why is M-Pesa the poster child for financial inclusion?

Mpesa, mobile money transfer tool, is the very best example of success when it comes to financial inclusion. Mobile banking products have gradually become famous in many developing nations for making debit and credit transfers, bill payments, and online purchases; catering to unbanked population and helping them with local money transfers. And, Mpesa is no …

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2015 Mobile Payments Players Top News Recap | PYMNTS.com

Pretty nifty article on the Mobile Payment players in the world, though a few localized ones are still missing, nonetheless, a well-researched read. In the final hours of 2015, there’s one general observation to be made about the payments industry this year: Mobile drove the payments innovation bus. Source: 2015 Mobile Payments Players Top News …

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Financial Inclusion in Africa

Financial Inclusion in Africa I recently visited the continent of Africa for the first time landing in Tanzania, the land of Kilimanjaro. My goal amongst other things was to understand financial inclusion in Africa and why it is so successful? Of particular importance to me was the success of mobile payments.

Gates Annual Letter: Mobile Banking.

Bill & Melinda Gates Foundation published the Gates Annual Letter 2015. It is definitely worth a read.  One particular graphic from the Mobile Money section is shown below. Couldn’t help but think how this space is going to mushroom even more. 

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