Launched in partnership with Safaricom in March 2007, M-PESA was the first mobile payment solution that enables customers to complete simple financial transactions by mobile phone.
M-PESA is aimed at mobile customers who do not have a bank account, typically because they do not have access to a bank or because they do not have sufficient income to justify a bank account. All they need to do is register at an authorised M-PESA Agent by providing their Safaricom mobile number and their identification card.
M-PESA is a simple and practical solution that really does make a difference where it counts. In Kenya alone, it is estimated that almost a quarter of the population now uses M-PESA.
In this video William Ndirangu talks us through the impact M-PESA has had on his business and his life.
