Though I'm not a software developer, I've liked the whole concept of mobile applications to act as banks, especially this (as quoted from BD):

'Failure of the country to have an online payment system is curious especially because of the reasonably-bigger pool of software developers in Kenya and infrastructural support in the fibre optic cable . The delay could also be attributed to failure by banks to fully embrace the online payment system because for such a solution to work, banks must partner to clear payments.'



2010/1/21 Richard <dechefr@gmail.com>
Please put me in loop wen launching this app, sounds good .


Richard

On Thursday, January 21, 2010, Joe Maina <maina307@gmail.com> wrote:
> Quiet Impressive.
>
> 2010/1/14 David Mugo <raidarmax@gmail.com>
>
> Hi Guys,
>
> I have mentioned here before that we are working on an online gateway for Mpesa and other mobile money transfer systems. Good news, we have finally finalized on the product and will be launching on the second week of February. We are on the process of testing and finalizing documentation for the system and while at it, I would like to highlight key features of the system and probably if you have any questions or suggestions we would love to factor them into it.
>
> We shall not handle your money, your money will go directly into your phone.
> We shall not take commissions off each sale, we shall have a yearly fee of $200
> We shall have an easy to use API that is xml based so you can intergrate with any sort of web applications. Application developers can also use this.
>
> We shall have a reseller base that will also serve as a support hub within Kenya, Uganda and Tanzania.Your online account shall have reports of all mobile transactions including withdrawals, sent and received money, meaning you can monitor your business from anywhere.
> You can choose to use airtime as a mode of payment and we shall buy it back from you at a set rate.You can sell across East Africa and soon the whole of Africa.You will be able to sign up online, pay for the service online and start using it without having to meet anyone.
>
> The system will be very well documented for ease of use.We shall have our main office in Nairobi, branch offices in Dar es salaam and Kampala.You will be the first to know of the launch venue and time and expected guests who hopefully will include Ndemo.
>
> Please let me know if there are suggestions or any questions and i will be here to answer.
>
> David Mugo
>
> --
> -------------

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