50 Things That Made the Modern Economy

M-Pesa

50 Things That Made the Modern Economy ›

08:58 | Dec 31st, 2016

1 recommendation

Transferring money by text message is far safer and more convenient than cash. M-Pesa, as it is known, first took off in Kenya. The idea was to make it easier for small businesses to repay micro-finan...Show More



Recommendations

epekilis recommended:Jan 13th, 2020

Listen to this episode right after the episode on the historical roots of banking. The Crusaders had to find a way to access money across thousands of miles; the impoverished billions of current day society need creative ways to use and access micro amounts of money that are too small for current b...Show More

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