Re: [kictanet] Mobile money versus Cash: the devil in the details that eludes many SME’s
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? ------------------------------ On Thu, Jan 9, 2014 10:41 AM MSK Mbugua Njihia wrote:
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>* .
Now that's the million dollar question! Do I hear knee jerk edicts and policies? Ali Hussein +254 0770 906375 / 0713 601113 "I fear the day technology will surpass human interaction. The world will have a generation of idiots". ~ Albert Einstein Sent from my iPad
On Jan 9, 2014, at 1:29 PM, ICT Researcher <ict.researcher@yahoo.com> wrote:
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 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>* .
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Ali Hussein -
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