But the benefit is to discourage those who use the wallet or hand luggage to remit – since we cannot effectively monitor such. This will facilitate lowering of the country risk that we should take advantage of in reducing costs of money transfers.
With these few remarks, Ladies and Gentlemen, it is now my distinct honour and pleasure to declare the Safaricom and Moneygram Money Transfer Partnership officially launched. Thank you. 2  BIS central bankers’ speeches