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Africa's M-Pesa Mobile Payment Method Debuts in Romania

In a trend reversal, African technology has migrated to Europe with the launch in Romania of Kenya's popular M-Pesa mobile money transfer system. Mobile payments have changed the way many Africans -- and the humanitarian community -- do business. It remains to be seen, though, whether it will enjoy the same success in Europe. Meaning "mobile money" in Swahili, M-Pesa is credited with transforming the lives of millions of Africans who have little or no access to...

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