Be warned, Mobile banking is taking over…MJ

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M-PESA

Mobile banking is the future ..case closed.  Safaricom got another  bank  under its wings..Barclays Bank.  And the outgoing CEO Michael Joseph is out rightly telling the banks that they either work with the Mpesa or else they become irrelevant in the  not far distance future.

Anyway they are already doing it. Backlays  is now the 8th bank to partner with Safaricom either as an agent or a super agent.  Under the partnership Backlays account hiolders will be able to deposit, withdraw to and from their Mpesa accounts.

The M-pesa agents who bank there will also be able to purchase e-float for their daily operations.

What is your opinion on the topic?
Kennedy Kachwanya
Lead Blogger at Kachwanya.com
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Kennedy Kachwanya is a technology blogger interested in mobile phones both smart and dumb, mobile apps, mobile money, social media, startups ecosystem and digital Savannah. New media must not forget the strength of old tech.
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