Drunkard wrote:I think it is different platform from the mpesa and very localized, Mpesa is designed specifically for developing world where there is few banks few ATMs and a large need to send money. This market profile is unique to developing countries, therefore deploying this technology to a market like british is not going to work.
I can deposit a check via a smartphone that is not the same platform as Mpesa, I can also tranfer money online which is exactly similar to what British bank is trying to do but via smart phone app.
But I have been transfering money online for ages using my phone among other things as a BBK customer using Hello money.
See the following info about the service.
With Hello Money, you will be able to:
Check your account balance and
mini-statements.
Transfer funds to your accounts, to
other accounts within Barclays and
to accounts in other banks.
Pay for your electricity and water
bills.
Order for your account statement.
Order for your cheque book.
www.barclays.com/africa/...roducts/hello-money.html