Very interesting read. I dare ask if all people without mobile phone and access to the internet to effect e-payments will be banned from travelling? ------------------------------ On Thu, Jan 9, 2014 10:41 AM MSK Mbugua Njihia wrote:
The numbers on some alternative payment channels are; Safaricom on its Lipa na Mpesa service takes 1% of each transaction value, Equity Bank with their transport centric service BebaPay which is in partnership with Google take 5%, while PesaPal a payment services aggregator levies a 3.5% transaction fee on e-commerce, bill payments and invoicing and 5% on ticketing. For service based businesses, these transaction fees could be considered okay, but for those moving product, a deeper analysis will reveal why adoption may be stifled.
More here - *http://www.mbuguanjihia.com/business/mobile-money-versus-cash-devil-details.... <http://www.mbuguanjihia.com/business/mobile-money-versus-cash-devil-details.html>* .