New startup makes mobile money services in Africa interoperable
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In Africa, over 80% of the adult population prefer to pay with their mobile rather than bank card. Over the years, we’ve written about a number of projects operating in the rapidly expanding area that is mobile money services. In Kenya, this app integrates short term loans for entrepreneurs with mobile banking. And in Tanzania, this clinic uses mobile payments to facilitate treatment. Now, DusuPay is hoping to integrate what has become quite a disparate infrastructure, broken down by telecom provider and country boundaries. In Africa, each country has between three and five different mobile money services. Someone using Airtel…
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