[prisonguard]

i live in kenya and frequently use m-pesa, this service is too expensive, a charge for both sending and receiving money just won't fly, sadly it's backed by powers that be who constantly stiffle innovation in the payment space,

kenya is still in dark ages in fairness and plurality of payment systems.

[coderintherye]

I think, while your view point is valid, it ignores that, at the time, M-PESA was a huge leap forward. They were doing mobile money before pretty much anyone. Now, yes, Safaricom has monopolized it and is falling behind and overcharging, but that doesn't negate the initial innovation having been world-changing.

[prisonguard]

technology has gone past simple cash transfer via USSD we are talking of virtual currencies, trust networks, tokens now.