Mpesa still popular despite regulatory hurdles. Edith Mutethya

By: Publication details: Nairobi Financial Post Ltd. 19 - 25 January, 2009Description: 1,4 The Financial Post 19 - 25 January, 2009Subject(s):
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Summary: An increasing number of people especially traders prefer to process cash through their mobile phones. Mpesa detractors including commercial banks, are accusing it of encroaching on their turf arguing that by being exempted from Central Bank of Kenya Regulations, Safaricom is actually offering cheap banking services.
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An increasing number of people especially traders prefer to process cash through their mobile phones.

Mpesa detractors including commercial banks, are accusing it of encroaching on their turf arguing that by being exempted from Central Bank of Kenya Regulations, Safaricom is actually offering cheap banking services.

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