
7 Oct
2015
7 Oct
'15
10:38 a.m.
Is it a viable solution to suspend the service to paying customers? The risk cited in the article is not a new thing in that particular industry. -- keybase.io/kipyegonmark On 7 Oct 2015, at 09:41, [email protected] wrote:
Listers
Interesting story about the pitfalls of ECommerce payments.
http://www.businessdailyafrica.com/Corporate-News/I-M-Bank-suspends-online-c...
As one of the few acquirers (The others are Barclays and KCB, soon to be followed by Chase Bank) this doesn't auger well for online card payments in the country.
Fortunately for us we have other payment gateways we can use.
I'm curious to know what impact this will have on eCommerce in the country. Anyone can share insights?