Influence of Financial Transactions through Mobile Phones In Kenya
Bernard Mbithi
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Influence of Financial Transactions through Mobile Phones In Kenya

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Financial transactions through mobile phones are one of the most recent emerging technologies that have enhanced financial inclusion through creation of decentralized financial service supply chains. Kenya was the first country in the world to use mobile phones for cash transfers and has several players in the industry. In Safaricom limited, the service is called M-PESA. The M-PESA service does not require users to have bank accounts. To become a beneficiary of mobile money transfer, users need to register at an authorized M-PESA agent by providing their Safaricom mobile number and their ident...