Monday, 31 May 2010

M-PESA in the UK please ASAP

It costs US $15 to wire US $90 from the US to the UK and UK £12 to wire US $105 from the UK to the US. This is blatant extortion and what's more the aggravation involved in a) trying to receive the money (apparently the Western Union agents between Waterloo and Camberwell Green are only interested in sending money given they told me the network was down on the afternoon of 21 May, despite subsequent evidence to the contrary) and b) sending the money belongs to a bygone era.

If Kenyans can send and receive money via their mobile phones, then surely we should be able to do international transfers from the UK (this notwithstanding), especially since Vodafone partnered with Safaricom to set up mpesa initially.

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