Safaricom Kenya to launch text loan & other banking services
Link: allAfrica.com: Kenya: The Next Big Thing (Page 1 of 3)
Safaricom is preparing to roll out a low-cost money transfer system that will turn users’ phones into banking instruments.The move is expected to see the mobile operator shake up the financial services sector by making transactions faster, cheaper and more secure.
M-Pesa (short for Mteja-Pesa) will allow customers to borrow, transfer and pay money using SMS text messaging. Customers will also be able to access virtual loan accounts.
I thank God every night since I found you. You came into my life when everything seemed so dark but you provided the light to find my way.
Posted by steve on June 15th, 2007 at 4:32 pm.