Ignacio Mas and Tonny Omwansa

IgnacioMas is a freelance consultant focused on mobile money technology and policy. You may find out more about Ignacio via his websitewww.ignaciomas.com.

Tonny Omwansa is a faculty member at the School of Computer Informatics at the University of Nairobi, and co-author of the recently published book Money, Real Quick: The Story of M-PESA.

Articles by Ignacio Mas and Tonny Omwansa

Monday
December 10
2012

Ignacio Mas and Tonny Omwansa

NexThought Monday – A Close Look at Safaricom’s M-Shwari : Mobile, yes, but how ‘cool’ is it for customers?

Finally it’s here, a banking product on Safaricom’s terms. Following last week’s announcement, foreign M-PESA watchers get to add another word to their stock of essential Swahili words: shwari, meaning ‘calm’ or ‘cool.’The financial inclusion community has keenly been looking for more instances of mobile money platforms connecting with bank offerings. Before you rejoice at this announcement, consider what it means for other banks in Kenya.

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Ignacio Mas and Tonny Omwansa

Articles by Ignacio Mas and Tonny Omwansa

NexThought Monday – A Close Look at Safaricom’s M-Shwari : Mobile, yes, but how ‘cool’ is it for customers?