Kenyan banks want to take on Safaricom’s M-Pesa and other players

“If you cannot beat ’em, be part of ’em” is the strategy taken by conventional banks in Kenya attempting to seize a bigger chunk of the cell cash market dominated by Safaricom’s M-Pesa service. Because of its widespread adoption by small companies and people in Kenya, Tanzania, Mozambique, DR Congo, Lesotho, Ghana and Egypt, M-Pesa … Read more