It seems technology could come to the rescue of nearly a billion African citizens who do not have ready access to banking facilities.
Services have sprung up that let people transfer cash by text message to other cellphone users and give Africa's vast number of "unbanked" their first access to financial products. Instead of using a bank branch, these services rely on local retailers who already sell mobile top-up cards.
full story from M&G here
My only question at the moment - I wonder what the handling fees are going to be?