Business Primitives: Enabling Payment Lifecycles through Software
FSD insights, Issue 9, July 2015
8 Pages Posted: 15 Feb 2010 Last revised: 25 Jul 2015
Date Written: July 24, 2015
We define ‘business primitives’ as low-level operations from which higher-level, more complex operations can be constructed. We set out to understand what most businesses in Kenya -- the land of the ubiquitous M-PESA -- do every day that could be simplified and reinforced through software. We focused on potential functionalities related to payments and the management of payments.
Keywords: e-Payments, Mobile Banking, digital payments, mobile payments
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