Read the related report from the Brookings Blum Roundtable: http://goo.gl/bq3Bq
Mobile money, the ability to bank using cell phones — is a game-changer in global development. This video chronicles M-Pesa, a mobile money product made by Safaricom, and its unparalleled success with mobile banking in Kenya.
0:12 What is mobile money?
0:32 Who can benefit from mobile money services?
0:43 How many services are there?
0:53 What is M-PESA?
1:30 What distinguishes M-PESA from other programs?
1:52 How does regulation affect mobile money innovation?
2:06 Learn more by visiting http://www.brookings.edu/bbr