‘E-cash’ on the rise in Somalia
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It may be a poor nation, but many people in Somalia have access to mobile phones. The country also has a well-established system of transferring money. Now one aid agency is looking to combine both factors, so that help can be delivered quickly and safely to those that need it. Al Jazeera and Somalia Poverty.

Mobile money transfer in Somalia. Al-Qaeda-sponsored Somali Islamist

Somalia continues fight out of war and poverty with money changers using mobile phones.

By Ian Firth on Feb 26, 2013
i have just watch the video clip regarding the E-cash scheme. I feel that it is a good idea, however i do have my concerns about it. I would like to know how they can spend the credit that they get on the phone. and also what if they phone gets stolen from them. What happens then?

By John Taylor on Feb 26, 2013
A really good idea- although the report refers to high start-up costs, the scheme should have very low overheads, once up and running, and has the great benefit of eliminating the middleman chain. Participants in the scheme would need identity protection, and protection against loss if the phone is lost or stolen. But I’m sure this scheme has a great future

By Louise Easlea on Feb 26, 2013
I’ve just watched a clip on e-cash and how it works. I’m totally amazed at how this system enables people to enhance their lives using such a safe method. Love and light to all concerned xxx