Monetary Theory and Electronic Money: Reflections on the Kenyan Experience
This article uses a class of models of money and the payments system to inform an analysis of "mobile banking" in the context of the rapid expansion of M-PESA, a new technology in Kenya that allows payments via mobile phones (even without any access to a bank account), and currently reache...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Article |
| Language: | en_US |
| Published: |
Federal Reserve Bank of Richmond
2011
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| Online Access: | http://hdl.handle.net/1721.1/61977 https://orcid.org/0000-0002-7552-7945 https://orcid.org/0000-0002-1528-8102 |