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QotD: “8 million customers move nearly half a billion dollars via the M-PESA system every month”

Categories: Mobile Payments
By: , IntoMobile
Thursday, January 7th, 2010 at 3:44 AM

Forget about your stupid thin OLED 240 Hz 3D HDTV, forget about your 1080p streaming, place shifting, mobile video platform, the M-PESA system in Kenya is the type of thing that actually changes lives. Today’s quote of the day belongs to The Christian Science Monitor:

“8 million customers move nearly half a billion dollars via the M-PESA system every month.”

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About The Author

Stefan Constantinescu

Stefan Constantinescu (@WhatTheBit on Twitter) has loved technology since as far back as he can remember. It started with computers, but in the past few years his passion has turned to mobile devices. As a mobile phone enthusiast who lives and breathes devices that connect to the internet, he knows he is not alone with this radical fascination of all things wireless. He is strongly opinionated and enjoys a good debate so leave comments in his posts and he’ll get back to you! Stefan began blogging as a hobby in the fall of 2006 and joined IntoMobile in the summer of 2007. Later he got a job at Nokia in March 2008, but as of June 2009 he has rejoined the IntoMobile team. He is currently based out of Helsinki, Finland.