Posts Tagged ‘m-pesa’
“Companies that fail to dig deep into the consumer psyche in African markets before making a move are bound to fail.”
With unbanked and rural populations, mobile commerce is a good way to reach African consumers.
Nigeria’s Interswitch Verve and M-Pesa in Kenya are mobile payment systems online merchants need to know how to use.
M-KOPA enables low income households to buy a d.light solar home system on an instalment basis.
“A lot of entrepreneurs are losing focus and directing their energies towards getting funding from venture capitalists.”
Safaricom has ventured into the restaurant business by launching an M-Pesa payments platform for restaurant bills.
“Many of these startups will fail and that will not be a bad thing because with it will come learning. Even M-Pesa did not become a success overnight.”
“M-Shwari is a transformational service: saving is no longer the privilege of an elite.”
Shannon May, a co-founder of Bridge International Academics, tells Kate Douglas about how her company is educating Africa’s children, while building a profitable business.
Bob Collymore, CEO of Kenyan mobile network operator Safaricom, answers our questions.
Africa’s mobile money industry has seen a flurry of activity since the launch of Kenya’s M-Pesa platform in 2007.
Dinfin Mulupi talks to Oscar Ikinu, co-founder of Kenya’s fast-growing mobile money platform Tangaza.
More and more companies operating in Kenya are allowing their customers to pay for products and services using the M-Pesa mobile money platform.
“I am more of a consultative manager. I talk a lot to staff. The staff know the solutions customers want, I do not. I am not a boardroom kind of leader.”
Despite its success in East Africa, mobile money transfer service M-Pesa is struggling to take off in South Africa.