Bob Collymore: Mobile Money Bank Lobby

Posted by admin on Sunday, December 6, 2015

Bob Collymore, CEO of Safaricom Cellular creator of M- Pesa mobile money in Nairobi, Kenya Money Quotation saying Banks in Kenya had less interest in establishing mobile payments because the banking lobby was not interested in the relatively small profits. Bob Collymore, CEO of Safaricom Cellular creator of M- Pesa mobile money in Nairobi, Kenya said:
 
The most effective barrier for the success of mobile money around the world is the banking lobby Quote
 

“The most effective barrier for the success of mobile money around the world is the banking lobby” — Bob Collymore

 

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