M-Pesa’s Power Jeopardized By New Regulations

Safaricom, a leader in the Kenyan money transfer market, may lose its dominance with M-Pesa as the country’s central bank plans to demand “open, interoperable systems” among operators.

These National Payments System regulations could make Safaricom open its platform, competing wit telcos.

For more on these potential Kenyan payments regulations and how they may affect this developing market, click here.

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