[kictanet] Mobile money versus Cash: the devil in the details that eludes many SME’s

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>* .