As a company, we relentlessly evangelize the notion of a “less cash society“. Toeing that line, I’ve initiated an experiment whereby I’ll be living on M-Pesa for 60 days. No cash, no cards―only M-Pesa.
With the experiment, I will be putting the following hypotheses to rigorous testing:
1) In the long run, is it more or less expensive to live on M-Pesa? What pain points need to be alleviated?
2) How often are payments delayed or denied? What are the infrastructural edges that require smoothing?
3) How receptive are businesses to accepting M-Pesa?
Stay tuned to this space for updates.