Kenya ushering in a new era of mobile banking?
The virtual currency Bitcoins, could be the future of mobile money in Kenya, according to a report on Think Africa Press.
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- Think Africa Press: Kenya: Are Bitcoins the future of Mobile Money?... The report states that there are indications that Kenya could usher in a new era of mobile banking thanks to a 'digital wallet' service launched by Kipochi.
The service allows citizens to send and receive money domestically and, using the online peer-to-peer currency Bitcoins, transfer it internationally. Even though the use of Bitcoins has great potential in Kenya, it has, unfortunately, not caught on just yet.