On Thu, Oct 14, 2010 at 3:54 PM, Haggai Nyang <haggai.nyang@gmail.com>wrote:

Interesting and thorough analysis, thought I should let fellow skunks aware...

I thought there was another insurance mechanism for M-PESA cash held by Safaricom apart from the Deposit Protection Fund. Read on...

http://www.mit.edu/~tavneet/M-PESA.pdf<http://www.mit.edu/%7Etavneet/M-PESA.pdf>

Thats one of the reasons why take up of such a model has been difficult in other countries (e.g. europe or asia ) where there is a stronger legal oversight on mobile financial transactions. ashok