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Glossary

Mobile money

Also: M-Pesa, phone money

Mobile money lets people send, receive, store, and spend money through a phone service.

Go deeper

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.

NFCTap-to-payTwo-factor authentication

Appears in these stories

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Updated Jun 26, 2026