M-Pesa Success Stirs Banks’ Fury in Kenya
In a story titled "M-Pesa success stirs banks’ fury as five million subscribers enroll", Washington Gikunju writes for Business Daily Africa about the success of mobile payments service M-Pesa in Kenya - saying that "Business Daily’s extensive interviews with M-Pesa users and commercial bankers has established that the system may slowly be evolving into Kenya’s biggest retail bank by all definitions —save for its official recognition as a basic money transfer service."
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