[governance] Web payments

[McTim]

On Tue, Apr 16, 2013 at 5:44 PM, Carlos A. Afonso <ca at cafonso.ca> wrote:
> McT, paying electronically without a bank, credit card or similar account is
> impossible, unless billing is done against a postpaid cell phone account.

It's all pre-paid in Africa (over 90+ %).

As
> Lavoisier suggested, money, like energy, is not created out of the blue
> (except by govs :)). This "enormous success" might be referring to a
> minority of people.


Well a year ago when I left Kenya, a sum =20% of Kenya's GDP had already been
transferred using one platform (M-Pesa).

-- 
Cheers,

McTim
"A name indicates what we seek. An address indicates where it is. A
route indicates how we get there."  Jon Postel

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