Sirs/Madams,

A local software company [g360 Ltd] has developed an interesting piece of software which is able to complete online transactions. The process is simple. When money is sent via Mpesa, the sender receives a confirmation which details the sender's number, amount and receipt number. The software captures this information and stores it in a back-end database. The 'buyer' after sending the funds via Mpesa is then asked to key in the receipt number and his/her cell phone and submit the details. The software then compares the details and if they match it authorises the transaction.

The developers of this software have put a demo page at

http://www.mobilepay.i360microsystems.com

and have identified Kictanet as a good niche that can preview the beta software and give comments before it is launched to the public.

We are interested in comments on the 'online shopping process' and 'legal implications' for such transactions.

PS1. This software conducts transactions using Mpesa but is not endorsed by Safaricom and neither do we act as Mpesa Agents.

PS2. If you wish to receive a detailed presentation on how the software works, please email your request to per-erick@i360microsystems.com

Thanks and looking forward to your valuable comments.

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Bildad Kagai
MD - MediaCorp Limited
Nairobi Stock Exchange Authorised Information Vendor
Suite B2, Tetu Apartments, State House Avenue
P. O. Box 20311 - 00200
Nairobi, Kenya
Tel. 254 20 272 8332
Fax. Rendered Obsolete
S - 1°17'13.8"
E - 36°48'22.7"
www.mediacorp.co.ke
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