Comments on: M-Pesa: Transforming Millions of Lives – I

By: Anonymous

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By: Quora

Quora — Wed, 16 Nov 2011 13:38:48 +0000

Why haven’t mobile payments taken off in India?…

25%+ of Kenya’s population uses M-Pesa (http://www.telecomcircle.com/2010/01/m-pesa/). Why hasn’t something similar taken off in India where the need for mobile banking at the bottom of the pyramid is so huge?…

By: MICROCAPITAL BRIEF: Central Bank of Kenya Requires Mobile Phone Carriers to Adopt Payment Card Industry Data Security Standard

Wed, 03 Aug 2011 05:05:26 +0000

[...] [2] Telecom Circle: “M-Pesa: Transforming Millions of Lives”, http://www.telecomcircle.com/2010/01/m-pesa/ [...]

By: Mobile banking in Kenya « How We Made It In Africa

Mobile banking in Kenya « How We Made It In Africa — Mon, 15 Mar 2010 21:37:00 +0000

[...] mobile phones in remittances and money circulation can be far greater,” writes Mohit Agrawal for Telecom Circle. “Despite the great potential, there are very few examples of successful mobile money transfer [...]

By: Jaco

Jaco — Fri, 12 Mar 2010 17:31:40 +0000

good article

By: Ian Bastow

Ian Bastow — Tue, 02 Feb 2010 22:38:30 +0000

Thanks Mohit for your very interesting articles – also Robert for the link to Beam. The convergence between mobile and SaaS will create an amazing social, economic and computing revolution over the next decade, and m-commerce is at the top of the list.

By: Robert Gray III

Robert Gray III — Sun, 31 Jan 2010 05:26:59 +0000

I suggest you check out Beam – simple money service http://www.beam.co.in launched in India focussed on the unbanked and recently got notimated to GSMA Global Mobile Awards 2010. It’s already a hugely successful with nearly 1 million subscribers.

By: prashantn

prashantn — Wed, 27 Jan 2010 15:25:28 +0000

A similar service exists in Pakistan. The telecom partner in NOR Telecom company(UNINOR in India)
The advantage in Pakistan, is that the UID(Unique Identification Number) is already live, and for a successful Mobile Transfer, the UID is a prerequisite.

This way the KYC is eliminated, at the same time, the transactions can be traced through the UID numbers.

By: Gaurav

Gaurav — Mon, 25 Jan 2010 06:35:16 +0000

Thanks for the information….Nice article Mohit… M- Com revolution in India is yet to come. The current hurdles from regulator and platform between the bankers and the operators is making the things not working. However we have seen a significant growth interms of bill payments, recharges via M- Commerce techniques specially Airtel i am talking about. We will see the reform happening in this technology also very soon in India with regulator relaxing some norms and bankers and operators on a same platform. ….

By: Robert Syputa

Robert Syputa — Mon, 25 Jan 2010 02:39:50 +0000

Sorry about teh truncation…

I put up an index page at: http://www.agglom.com/set/78215/Business_Social_Capital_Networks_A_True_Revolution

I haven’t found time to comment more fully yet.

This subject is important: both of itself and also how this conspires with business-social networking enablers and markets. I can think of several worthwhile businesses that can be created.. that are also socially responsible.

Robert Syputa

By: Tweets that mention M-Pesa: Transforming Millions of Lives | Telecom Circle -- Topsy.com

Thu, 21 Jan 2010 14:06:58 +0000

[...] This post was mentioned on Twitter by Telecom Circle, Mohit Agrawal. Mohit Agrawal said: M-Pesa: Transforming Millions of Lives | Telecom Circle http://is.gd/6BMVL [...]

By: Robert Syputa

Robert Syputa — Thu, 21 Jan 2010 06:17:42 +0000

Business-Social networking is the engine (framework). eMoney and exchange is the fuel that will propel a true ‘revolution’ that is far more dramatic than anything yet seen – computing, mobile phones, Internet, displays, and other contributing developments.

By: M-Pesa: Transforming Millions of Lives | Telecom Circle < Jobs And Recruitment

Wed, 20 Jan 2010 13:10:53 +0000

[...] See the rest here: M-Pesa: Transforming Millions of Lives | Telecom Circle [...]

By: Sachin Bhavsar

Sachin Bhavsar — Wed, 20 Jan 2010 05:26:09 +0000

This is extremely valuable information, although most of the people would like to see same success in the Indian Context.

Having said that M Pesa can be really successful model in India, comparing the mammoth number of Subscribers, but it is really a dampener in terms of Regulatory compliance and acceptance of common platform between banks and telcos.

I would state and this is my personal views that, M Pesa was succesful since government in the region was lenient in the regulatory norms or in other words since Regulatory was not a constraint hence it was more successful.

With 500 Million subscribers, there should be not be doubt of M Pesa getting it own desi version soon.

Cheers

Sachin Bhavsar