Glossary
Mobile money
Also: M-Pesa, phone money
Mobile money lets people send, receive, store, and spend money through a phone service.
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Go deeper
Mobile money lets people send, receive, store, and spend money through a phone service. In everyday buying decisions, the useful question is not just what the spec says, but what it changes for comfort, cost, speed, safety, or battery life.
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Appears in these stories
Kenya's High Court just unwound a $1.58 billion Safaricom sale that closed three months agoSafaricom Ethiopia has 15 million subscribers now, but only a third of them use M-PesaStandard Bank and UnionPay just widened Africa's online payment rails across nine marketsYellow's new Series C is a bet that the next billion-dollar African credit product may be an asset, not cash
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