February 12, 2008

Vodafone to launch mobile phone money transfer service in Afghanistan

British operator Vodafone announced Monday at the industry's annual trade show in Barcelona that it would launch a money transfer service in Afghanistan after the successful introduction of a similar initiative in Kenya.

"An estimated 1.6 million people have begun using the Vodafone scheme in Kenya since its launch in March last year. In a country of 10 million mobile phone users, there are only 400 bank outlets and 600 automatic teller machines."

[via the AFP]

emily | 10:29 AM | SMS and Banking | Add this this entry to your del.icio.us bookmarks. Digg This Technorati search results for this Entry
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