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Why M-Pesa is a successful story in Kenya | News24 Nigeria

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Dr Francis Wangusi, Director General of the Communications Authority of Kenya, said… “The requirements for opening a bank account were and still are stringent and unfavourable to low income earners".

From Why M-Pesa is a successful story in Kenya | News24 Nigeria

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Registration was very simple and the costs were cheap. Also unlike traditional banks, there were many access points called "agents" all over the country.

From Why M-Pesa is a successful story in Kenya | News24 Nigeria

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