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M-Pesa (M for mobile, pesa is Swahili for money) is a mo... money transfer service for Safaricom, Kenya's largest mo... operator.[1] Currently the most developed mobile payment... developing world, M-Pesa allows users to deposit, withdr... money easil
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<b>M-Pesa</b> (<b>M</b> for mobile, <i><b>pesa</b></i> is <a href="/wiki/Swahili_language" title="Swahili language">Swahili</a> for money) is a mobile-phone based money transfer service for <a href="/wiki/Safaricom" title="Safaricom">Safaricom</a>, <a href="/wiki/Kenya" title="Kenya">Kenya</a>'s largest mobile network operator.<sup id="cite_ref-stats_0-0" class="reference"><a href="#cite_note-stats-0"><span>[</span>1<span>]</span></a></sup> Currently the most developed <a href="/wiki/Mobile_payment" title="Mobile payment">mobile payment</a> system in the developing world, M-Pesa allows users to deposit, withdraw, and transfer money easily with a mobile device. Registration requires a national ID card or passport.<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span>[</span>2<span>]</span></a></sup> It is a system of <a href="/wiki/Microfinance" title="Microfinance">microfinancing</a> that is widely used in Kenya. |
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