I would think this may be a blessing in disguise for BitPesa. The lower transaction fees on Airtel Money is a better incentive for people to join in and use BitPesa without having the elephant in the room: Withdrawal and Deposit charges. On Thu, Jan 7, 2016 at 9:56 AM, meshack emakunat via kictanet < [email protected]> wrote:
HI
That great news, sometimes we may be too arrogant to learn from history...yet history can be the best guide for the future. if it is so then airtel may have taken history seriously and want to progress with what the market demands. remember "Kencel" then "Celtel" then "Zain" then "Airtel". remember the kencel scratchcards for 250 kshs yet safcom had 50 kshs scratchcard, 100 kshs kencel scratchcard yet safcom had 20 kshs scratchcard
On Wednesday, January 6, 2016 7:04 PM, Ali Hussein via kictanet < [email protected]> wrote:
Barrack
LOL! Just love that analogy..basically yes. And we know what that means...:-)
*Ali Hussein* *Principal* *Hussein & Associates*
Tel: +254 713 601113 Twitter: @AliHKassim Skype: abu-jomo LinkedIn: http://ke.linkedin.com/in/alihkassim <http://ke.linkedin.com/in/alihkassim> Blog: www.alyhussein.com
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On Wed, Jan 6, 2016 at 12:31 PM, Barrack Otieno <[email protected]> wrote:
Hi Ali,
What does that mean Legally? Its like operating a gadget that has not gone through type approval at CA, no?
Regards
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On 1/6/16, Ali Hussein via isoc <[email protected]> wrote:
Listers
Interesting development. Details are scant at the moment but if this is true goes to show that you really can't keep a good idea down.
I particularly like the quote from BitPesa below:-
“CBK has currently chosen not to regulate bitcoin. Unregulated business is not illegal business and BitPesa will continue to operate and maintain our headquarters in Kenya. BitPesa is licensed, however, by the UK’s Financial Conduct Authority as an Authorised Payment Institution,” said the firm in a notice.
More on the story:-
http://www.businessdailyafrica.com/Corporate-News/Bitcoin-trading-firm-partn...
l
*Ali Hussein*
*Principal*
*Hussein & Associates*
Tel: +254 713 601113
Twitter: @AliHKassim
Skype: abu-jomo
LinkedIn: http://ke.linkedin.com/in/alihkassim <http://ke.linkedin.com/in/alihkassim>
Blog: www.alyhussein.com
Any information of a personal nature expressed in this email are purely mine and do not necessarily reflect the official positions of the organizations that I work with.
-- Barrack O. Otieno +254721325277 +254-20-2498789 Skype: barrack.otieno http://www.otienobarrack.me.ke/
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