Banks Vie for a Piece of Africa's Mobile Banking Market

George Kabiria, who makes decorative sculptures for this city’s lush garden homes, recently sold a small iron frog to a customer through M-Pesa, Kenya’s most popular mobile-payments service.

Mr. Kabiria’s customer punched in a few numbers and transferred 700 Kenyan shillings, or about $8, to the iron monger.

Read more: Banks Vie for a Piece of Africa’s Mobile Banking Market – Frontier Markets News – Emerging & Growth Markets – WSJ.

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