Vodafone and Airtel battle for African m-money

Comments "Impressive Roll out program in 9 African countries for Airtel these times. Banks are following them most of the time but with a limited role. They should take it more seriously to avoid being useless for the majority of retail customers"

Extract "While carriers in the west fight for a significant role in the mobile commerce value chain, it's a very different story in Africa, where economic growth and the sizeable base of 'unbanked' users are creating a boom in handset-based payments. Vodafone has been a pioneer with its M-Pesa, which is gradually expanding from its initial territory in Kenya to other parts of Africa and to India. Now Bharti Airtel, India's own leading cellco, and a key Vodafone rival in emerging economies, has partnered with pan-African banking group Ecobank to offer mobile money services across nine countries."

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