![]() ![]() Despite its relative short history, it has attracted 83% of the adult Kenyan population. saving money, sending money) can actively participate in financial industry. As a result, those who had been previously excluded from formal financial activities (i.e. It lets people make small amount transactions using SMS technology without having to create bank accounts or having to physically carry cash. M-PESA is a transformative mobile banking service introduced by Safaricom, a leading Kenyan mobile service provider, in 2007.
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