What is Mpesa?
M-Pesa is a mobile banking service that allows users to store and transfer money through their mobile phones. M-Pesa was introduced in Kenya as an alternative way for the population of the country to have access to financial services. Safaricom, the largest mobile phone operator in Kenya, launched M-Pesa in 2007.
Before 2007 banks in Kenya were very few, and the process of transfering money was very tindius.
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