Mobile money fails with Afghani rozzers

afganistan_policeMuch is made of the M-Pesa mobile payment platform in Kenya, where 32% of the country’s GNP is transacted in this way, and now is apparently becoming successful in Romania but nowhere else.

Such hysteria is understandable, but there are other fails. Four years ago, a pilot scheme began in Afghanistan where the Police force were paid via M-Paisa, similar to the M-Pesa platform. Initial results were impressive, the corrupt middle man was taken out and Police officers saw an immediate rise in their net salaries. Continue reading