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Wednesday, October 21, 2009

500 million people using mobile money transfer by 2014

Juniper Research says over 500 million people will be using mobile money transfer services around the world by 2014, with most users coming from Africa, the Middle East, the Far East, China and the Indian sub-continent. The news comes a week after Kenya’s M-PESA money transfer service was extended to the UK. [Report; White Paper]

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