In Kenya, a better life for Mobile Money

This is the VOA Special English Development Report, have revolutionized voaspecialenglish.com of mobile phones, as people connect not only with family and friends, but also services for businesses. A good example of services that people can use their mobile phones to send and receive money. Two companies, Safaricom and Vodafone, the mobile money services has M-Pesa in Kenya in two thousand and seven. Weighs half money in Swahili. The service works like a bank - which is important becauseMany Kenyans have bank accounts. Most early adopters were young people who worked in town and wanted to send money home to rural areas. Now customers can also use their M-Pesa accounts, pay bills, make purchases or pay for services like taxis. Users pay a small fee for each transaction. Stephen Mbugua has removed a farmhouse half an hour drive from the capital. It uses M-Pesa to receive money from her son and pay the bills. He says: "I used to go to Nairobi or to pay a bank on me.But now, there is no need to go to Nairobi, I pay the bill here. "Some companies use the service to pay their employees. Throughout Kenya, there are shops and ATM machines, where M-Pesa users to add and can withdraw money from their accounts. It 's also the money to other phone users mobile, even without M-Pesa account. The other person receives a text message with a code on the local M-Pesa agent to take in order to get money. The twenty-two year old can not wait...

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