Complementary currencies – contrasting fates?: M-Pesa and Bangla Pesa in Kenya

By Susan Johnson

M-Pesa in Kenya is lauded as the world’s leading example of a mobile money transfer service. Users walk into an agent’s shop and hand over Kenyan shillings, in return for which e-value is loaded onto their mobile phone at a one-for-one exchange rate. The menu in the phone is then Continue reading

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