This is definitely a case that requires serious attention from the regulator.
Ali Hussein
Tel: +254 713 601113
Since Safaricom is dominant in the mobile money termination market and in the absence of any regulation, it is in their interest to maximise returns in that "market segment" .So, Safaricom is behaving as expected!John KariukiSent from Samsung Mobile
-------- Original message --------
From: Dennis Kioko via kictanet <kictanet@lists.kictanet.or.ke>
Date:
To: ngethe.kariuki2007@yahoo.co.uk
Cc: Dennis Kioko <dmbuvi@gmail.com>
Subject: [kictanet] Equitel - M-Pesa battle heats up as Safaricom hikes termination fees
Good Afternoon Listers,Safaricom has increased termination fee - the amount of money paid to it by Equitel for money to be sent from one network to another.This has left Equitel users with high transaction costs on Equitel to M-Pesa transactions. See story here http://www.infotake.co.ke/2015/08/equitel-users-silently-hit-by-100.html
--
with Regards:
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