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M-Pesa allows users to deposit, withdraw, transfer money and pay for goods and services easily with an ordinary mobile device. Users are using the mobile phone no. as the bank account no. First launched in 2007 by Vodafone, now used by millions of people in Kenya, Tanzania, Mozambique, Lesotho, Egypt, Afghanistan, South Africa, India, Romania, Albania. The service will expand into Western Europe anytime soon. The service allows users to deposit money into an account stored on their cell phones, to send balances using PIN-secured SMS text messages to other users, including sellers of goods and services, and to redeem deposits for regular money.

Category: Themes
Sub Category: Mobile