Gamechangers: Mobile money

Paying for things using your phone has become far more widespread during the pandemic. But Western consumers are playing catch-up. Mobile payments have been widespread for more than a decade in Africa, and in particular in Kenya, where the world’s first successful mobile-money system, called M-PESA, was launched in 2007. Why did it take off in Kenya first, how did users shape the development of the product—and what does this story reveal about innovation? Tom Standage hostsFor full access to The Economist’s print, digital and audio editions subscribe at economist.com/podcastoffer Hosted on Acast. See acast.com/privacy for more information.

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It might start with a lightbulb moment or a sudden flash of insight—but having an idea and making a success of it are very different things. It’s the gap between invention and innovation. In these six episodes, you’ll find out about the people and stories behind game-changing ideas and technology.Sign up for Economist Podcasts+ at www.economist.com/podcastsplusIf you’re already a subscriber to The Economist, you’ll have full access to all our shows as part of your subscription.