The Business Phone

Source: capitalfm.co.ke

NAIROBI, Kenya, Feb 26 - Kenyan banks have reached a two million Visa card milestone up from one million three years ago.

The target which also celebrates a $3.3 billion transaction volume on Visa cards has seen Kenyan banks bring more people into the formal financial services system despite the fact that mobile service providers also provide money transfer services.

Having just returned from a very successful conference in Nairobi, the AITEC Banking & Mobile Money COMESA (Common Market for Eastern and Southern Africa) on the 24th & 25th Feb 2010, our CEO Graham Gilmour is buoyed by the interest shown in the Business Phone service offering. Appropriately the theme of the event, which took place at the prestigious Kenyatta International Conference Centre, was "Banking Leadership through Innovation".

Day 1 Mr Gilmour joined a number of distinguished experts on a panel to discuss the first day's events and to debate the topic "Are COMESA's Financial Institutions winning the war against card fraud?"

Day 2 Mr Gilmour gave the main Business Phone presentation headlined "Empowering Africa's new Mobile Merchants". This was attended by African banking leaders who showed very strong interest in what the CEO had to say on the vast potential that Africa has in developing its mobile financial sevices, and how Paystream is already a part of this.

The Care Takers Nursery and Orphans feeding centre now proudly boasts brand new signage courtesy of The Business Phone. The pictures below show Graham Gilmour being enthusiastically received by the children and staff.

There are a number of events planned for the centre including a coach trip to see local wildlife (including a meal of pizza & chips; a special treat for the children!), a work experience day at the Nairobi office for the 15 eldest children, and a sports day including a donation of sports equipment.

Needless to say, the children and staff at the centre have been made to feel very special and are very thankful (and excited) by all the kindness received.