Question

In: Finance

How does M-pesa meet the future generation needs?

How does M-pesa meet the future generation needs?

Solutions

Expert Solution

South Africa leading firm safaricom and kenya's leading firm vodacom have acquired mobile money platform M-Pesa From Britain's Vodafone.

This is a futuristic mobile money platform because of various futuristic functions like-

A. Money transfer platform which will help the customers to transfer money from one place to another without physical interaction.

B. This platform is also known for offering loans to various kinds of customers and this will be offering a feature of financial institution.

C.this platform is acting as a fully fledged Financial service platform and offering various kinds of Financial service which will will be meeting futuristic demand

D. This is also offering with saving in partnership with the local bands.

E. This application is also helping in merchant banking facilities

So due to this wide coverage of this platform from a mobile money platform to to fully fledged Financial service platform, is ihighly futuristic in nature and it will be generating a lot of interest.


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