Conventionally, mobile phones are used for sending messages and making or receiving calls. However, a Kenyan company has found out a new application of mobile phones, which would enable customers to make money transaction the way they are sending SMSs to their friends, families and relatives. Developed by Safaricom, the service is dubbed as M-Pesa or Mobile money and seems to revolutionize the banking sector of Kenya. The application of M-Pisa is very simple. It does no require a new handset or SIM card. The users can send money between 74p to £259 via text messages. Using M-Pisa service, the companies can also pay salaries to their employees through mobile phones. The employees of unorganized sectors or daily wage laborers who don’t have bank accounts will certainly look forward towards this service. The service is gaining immense popularity in the country in its two weeks of launch registering nearly 10,000 customers and recording 8m shillings of transaction.