M-Pesa by Vodafone started first in Kenya

Q.  M-Pesa was started by Vodafone. It was started in which country initially?
- Published on 12 Jul 16

a. India
b. Kenya
c. Bangladesh
d. UK

ANSWER: Kenya
 
  • M-Pesa (M for mobile, pesa is Swahili for money) is a mobile phone-based money transfer, financing and micro financing service, launched in 2007 by Vodafone for Safaricom and Vodacom, the largest mobile network operators in Kenya and Tanzania.
  • It has since expanded to Afghanistan, South Africa, India and in 2014 to Romania and in 2015 to Albania.
  • M-Pesa allows users to deposit, withdraw, transfer money and pay for goods and services easily with a mobile device.

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