- E-ISSN: 25179829
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A bank in every African pocket?
- Source: Africa Renewal, Volume 21, Issue 4, Jan 2008, p. 3 - 3
- French
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- 31 Jan 2008
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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.
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