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Enabling Mobile Money Transfer: The Central Bank of Kenya’s Treatment of M-Pesa

Aug 31, 2014 | Bankable Frontier Associates (BFA) | Alliance for Financial Inclusion (AFI)
The following case study discusses the period of development of the M-Pesa mobile payment from concept inception in 2005 to December 2008. The study looks at the Central Bank of Kenya’s (CBK) process of assessing the risk of M-Pesa and determining how it fits in the existing regulatory framework.