+1, 

Safcom has played its card exactly as expected.

And this is where it gets very interesting.  How to regulate a service whose total value does not sit in one entity but cuts across multiple players (banks, merchants, agents, application providers, competitors etc).  Very interesting scenario since Kenya is once again staring at an opportunity to show the rest of the world the best regulatory move in the prevailing circumstances.

Perhaps this time around, the risk of a wrong regulatory intervention (regulatory error) may have a bigger impact than it would have had ten years ago when Prof. Ndemo and the then CBK governor allowed mobile money some liberal breathing space. That is not to say there should be no regulatory intervention.  The question is: which one?

Lets wait and see.

walu.

From: ngethe.kariuki2007 via kictanet <kictanet@lists.kictanet.or.ke>
To: jwalu@yahoo.com
Cc: ngethe.kariuki2007 <ngethe.kariuki2007@yahoo.co.uk>
Sent: Thursday, August 20, 2015 8:30 PM
Subject: Re: [kictanet] Equitel - M-Pesa battle heats up as Safaricom hikes termination fees

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 Kariuki



Sent 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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