@Tony,
It is a belief that your MPESA account is a virtual account at CBA.
M-Shwari is now more of a face to something that has always been at the back.
If you think about it this way, when you have deposited funds on you're MPESA does it fall under a blanket account somewhere?
 
worth = 2 cents
 
Have a good evening.


On Fri, Mar 1, 2013 at 5:15 PM, Tony Likhanga <tlikhanga@gmail.com> wrote:
2013/3/1 Dennis Kioko <dmbuvi@gmail.com>
If everyone withdrew the money, amount of deposits held by CBA would fall sharply. Would we even have enough float to cover all withdrawals?  

How does CBA come into the picture on M-PESA? On M-Shwari, yes, I can reluctantly understand  

_______________________________________________
skunkworks mailing list
skunkworks@lists.my.co.ke
------------
List info, subscribe/unsubscribe
http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks
------------

Skunkworks Rules
http://my.co.ke/phpbb/viewtopic.php?f=24&t=94
------------
Other services @ http://my.co.ke



--
Lusiola Brian
|3 R 1 /-\ |\|