Very interesting read. I dare ask if all people without mobile phone and access to the internet to effect e-payments will be banned from travelling?
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On Thu, Jan 9, 2014 10:41 AM MSK Mbugua Njihia wrote:The numbers on some alternative payment channels are; Safaricom on its Lipana Mpesa service takes 1% of each transaction value, Equity Bank withtheir transport centric service BebaPay which is in partnership with Googletake 5%, while PesaPal a payment services aggregator levies a 3.5%transaction fee on e-commerce, bill payments and invoicing and 5% onticketing.For service based businesses, these transaction fees could be consideredokay, but for those moving product, a deeper analysis will reveal whyadoption may be stifled.More here - *http://www.mbuguanjihia.com/business/mobile-money-versus-cash-devil-details.html<http://www.mbuguanjihia.com/business/mobile-money-versus-cash-devil-details.html>*.
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