Hi Solami,

I am not certain about the specific regulations in Kenya - but I suggest you consult with the Centralbank.

Speaking in general it is a bit "tricky" when you start holding peoples money - as you will quite fast get yourself in a position where you legally are considered to be a bank, and hence subject to the banking laws/requirements (you don't want that for sure).

The classic workaround is for people to buy "tokens" which you "sell" at your site (did anyone say bitcoins) - those tokens can then later be traded/redeemed for whatever you intended the money to be used for in the first place. But thread carefully and seek legal advice as it's a fine line to walk.

On the technical side it's easier. One potential starting point could be PesaPi as it provides a portion of the code that you would need to actually build such a solution - either build on it or just use it for reference/inspiration.

..
Mike


On 8/11/15 3:38 PM, Solami Ltd via skunkworks wrote: