Kenyans transacted $26bn via M-Pesa in 2014, says Central Bank


New data from Central Bank of Kenya showed M-Pesa spend from Jan to Nov 2014 hit 22.4 billion. The bank reckons the 2014 total was $26bn. The total includes paying for hotel and electricity bills, buying fuel, shopping in supermarkets, paying rent and school fees, besides sending and receiving money. Actually, the Nov figure of $2.25bn was … Read more

OMG Now O2 Has Launched a Mobile Card Reader

o2 mpos

On the day that iZettle confirms its intention to launch in the UK, Brit operator O2 has confirmed that it too is launching into this ridiculously crowded sector. Thanks to the massive success of Square in the US, everyone’s piling into the market for mobile card reading. PayPal, Intuit, Verifone and others have launched Stateside, while … Read more