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VENDTEK SYSTEMS INC V.VSI

"VendTek Systems Inc develops, markets, and licenses automated transaction system software and supporting technologies. Its software product, eFresh provides electronic distribution infrastructure to service providers, retailers and retail distributors."


TSXV:VSI - Post by User

Bullboard Posts
Comment by Gladys7on Oct 26, 2011 4:04pm
255 Views
Post# 19183950

Interesting Article Part 1

Interesting Article Part 1 The new face of money transfer....hmmmm........................... M-PESA Surpasses Western Union for Transactions Processed - IMF Report.......................................................A report from the International Monetary Fund (IMF) reveals that mPayment provider M-PESA now processes more transactions in Kenya than Western Union does globally, according to Finextra................................................................................................................The data is part of an IMF investigation into the economic forecast for Sub-Saharan Africa. The IMF, which calls M-PESA "resounding technological innovation" in the report, says the organization now supplies mobile banking facilities to more than 70 percent of the country's adult population...........................................................................................................Yet rather than being at odds M-PESA and Western Union are actually partners. Western Union in March announced that consumers can now send money directly to the mobile “wallets” of Safaricom M-PESA subscribers in Kenya from 45 countries and territories – the first service of its kind in the world........................................................................................................... Kenyans living abroad transferred US$642 million home in 2010, compared to US$609 million in 2009, according to the Central Bank of Kenya...........................................................................................................There are links in the article. Find it here:https://pymnts.com/M-PESA-Surpasses-Western-Union-for-Transactions-Processed-IMF-Report/
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