-
A bank in every African pocket?
- Source: Africa Renewal, Volume 21, Issue 4, Jan 2008, p. 3 - 3
- French
-
- 31 Jan 2008
- Previous Article
- Table of Contents
- Next Article
Abstract
Ann Wanjiku walks up to a green-andwhite booth with an “M-Pesa agent” sign on it. There she shows the agent her identity card and her cell phone, which displays a PIN number provided by a client. Using the PIN number, the M-Pesa agent takes just a minute to verify that the client has transferred payment for 1,000 traditional carvings into Ms. Wanjiku’s mobile money account. Ms. Wanjiku then withdraws the amount in cash.
© United Nations