Much sense would have been if the current mobile money transfer vendors could heighten the competition leading to lowering of the cost to transfer money.
Till then M-Pesa still has a market to rule and even expand if Safaricom network could reach all the corners of this country.

Hey. some comments on Elma
1) Elma can run on USSD, so non GPRS phones can use this.

2) We are not here to compete with any other mobile providers money solutions. On roads there are Mercedeses and Prados, and customers decide what they use based on what they like. Same.

3) We are in the process of talking to larger banks. The pilot is generally good to go with smaller banks.

some more questions, you may please email me at kamal@craftsilicon.com

Interested people can also come for a presentations.

Ok lets say Iam on ELMA and I want to transfer funds to My mum in Isiolo How will I do that?

Ps. she has that alcatel that every one seems to own.

Then Elma is good to go! 20m potential susbs, the ground is open for competition.

You either work for Craft Silicon or is one of their fanboys. I have read you somewhere else licking their bllas.