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M-Pesa has a wide range of financial services including Person to Person, ATM withdrawal, Payments, Bulk Payments and Bank to M-Pesa. As of January 2016, M-Pesa is used by 21.8 million Kenyans, with over 1.5 million of M-Pesa users using the bill payment feature. At the time M-Pesa had a network of over 90,000 agent outlets.
M-PESA is a branchless banking service; M-PESA customers can deposit and withdraw money from a network of agents that includes airtime resellers and retail outlets acting as banking agents. M-PESA spread quickly, and by 2010 had become the most successful mobile-phone-based financial service in the developing world. [4]
The following is a list of notable online payment service providers and payment gateway providing companies, ... M-Pesa: Mobile: Kenya, Tanzania, India, ...
But that's not right either. One of the most successful private-sector development projects of the last 10 years is M-PESA, the mobile-money system that allows people in Kenya to transfer money via their cell phones. Before the system launched, Kenyans sent money to each other by mail, or by giving envelopes full of cash to bus drivers.
The payment could be deducted from a pre-paid account or charged to a mobile or bank account directly. Mobile payment method via NFC faces significant challenges for wide and fast adoption, due to lack of supporting infrastructure, complex ecosystem of stakeholders, and standards. [25] Some phone manufacturers and banks, however, are enthusiastic.
Bulk water to Mombasa was provided by the Mombasa Pipeline Work, while day-to-day operations of water pipelines were carried out by the water department. There was no single framework for the administration and management of water. In 1952 the Water Act Cap 372 was enacted, which remained the legal basis for the water sector until 2002. [38]
There are varied types of electronic payment methods such as online credit card transactions, e-wallets, e-cash and wireless payment system. [5] Credit cards constitute a popular method of online payment but can be expensive for the merchant to accept because of transaction fees primarily. Debit cards constitute an excellent alternative with ...
Yapı ve Kredi Bankası and Turkcell, NFC is used on mobile payment all over Turkey with Yapı ve Kredi Bankası credit cards via mobile phones using Turkcell sim cards [54] [55] Mobile payments: Yapi Kredi, Turkcell, Wireless Dynamics; [ 56 ] Avea, Garanti Bank, Gemalto [ 57 ]