Peter Lancaster

Mr Peter Lancaster

IAA Knowledge Exchange Manager

University of surrey


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Mobile banking for Haiti incentivised by $10m from Gates Foundation & USAID

The Bill & Melinda Gates Foundation and the U.S. Agency for International Development (USAID) have announced plans to help kickstart financial services by mobile phone in Haiti and accelerate the delivery of monetary assistance from aid agencies to the victims of the earthquake.

M-Pesa has been running an extremely successful system in Kenya, that enables micro-payments by mobile phone.

The Haitian initiative could lay the foundation for advanced banking services that could help millions of Haitians lift themselves out of extreme poverty.

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