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RE: LeoThread 2024-12-11 08:21

in LeoFinance11 months ago

Part 7/8:

The Global Landscape and Future Prospects

While M-PESA has seen adoption in countries like India and Afghanistan, it hasn't caught on globally in the same way it did in Kenya. Concerns surrounding scams and money laundering linger, posing challenges for regulators and operators alike. However, the increasing ubiquity of mobile devices suggests that mobile money solutions could flourish elsewhere if appropriate frameworks are established.

The head of Safaricom remains optimistic, viewing mobile connectivity as a tool that will empower citizens worldwide to redefine their financial transactions.

A National Pride in Innovation