Tuesday 18 November 2014
Why M-Pesa’s Kenya business model had to be altered for South Africa
From How We Made It In Africa
“It is frequently noted that business models that work in the US or European countries, might not work in Africa and should be adapted to the continent’s specific needs. The same can be said for adapting business models from one African country to another, as the ‘copy-and-paste’ method does not address different market dynamics. And there is no better example of this than the case of M-Pesa.”
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Labels:
Kenya,
M-PESA,
mobile banking,
mobile payments,
South Africa