High Court suspends bank to M-Pesa transaction charges
The High Court has ordered Safaricom and the central bank to halt re-introduction of charges on transactions made between mobile money wallets and lenders pending determination of a suit involving financial consumer rights. Read more: https://nation.africa/kenya/business/high-court-suspends-bank-to-m-pesa-tran...
Yeaaah! About time! On Thu, 12 Jan 2023 at 21:17, Victor Kapiyo via KICTANet < kictanet@lists.kictanet.or.ke> wrote:
The High Court has ordered Safaricom and the central bank to halt re-introduction of charges on transactions made between mobile money wallets and lenders pending determination of a suit involving financial consumer rights.
Read more: https://nation.africa/kenya/business/high-court-suspends-bank-to-m-pesa-tran... _______________________________________________ KICTANet mailing list -- kictanet@lists.kictanet.or.ke To unsubscribe send an email to kictanet-leave@lists.kictanet.or.ke
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Awesome move! On Thu, 12 Jan 2023, 21:29 Liz via KICTANet, <kictanet@lists.kictanet.or.ke> wrote:
Yeaaah! About time!
On Thu, 12 Jan 2023 at 21:17, Victor Kapiyo via KICTANet < kictanet@lists.kictanet.or.ke> wrote:
The High Court has ordered Safaricom and the central bank to halt re-introduction of charges on transactions made between mobile money wallets and lenders pending determination of a suit involving financial consumer rights.
Read more: https://nation.africa/kenya/business/high-court-suspends-bank-to-m-pesa-tran... _______________________________________________ KICTANet mailing list -- kictanet@lists.kictanet.or.ke To unsubscribe send an email to kictanet-leave@lists.kictanet.or.ke
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This is such a welcome move by the Courts especially after it became evident that this year is bound to be tough economically. On Thu, Jan 12, 2023 at 9:40 PM Victor Kapiyo via KICTANet < kictanet@lists.kictanet.or.ke> wrote:
The High Court has ordered Safaricom and the central bank to halt re-introduction of charges on transactions made between mobile money wallets and lenders pending determination of a suit involving financial consumer rights.
Read more: https://nation.africa/kenya/business/high-court-suspends-bank-to-m-pesa-tran... _______________________________________________ KICTANet mailing list -- kictanet@lists.kictanet.or.ke To unsubscribe send an email to kictanet-leave@lists.kictanet.or.ke
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KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
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A good move though my bank claims it’s waiting on communication from CBK to implement it. Warmly, Sidney Twitter: @princelySid | Github: princelySid | Web: sidneyochieng.co.ke
On 13 Jan 2023, at 09:54, paul kithinji muriuki via KICTANet <kictanet@lists.kictanet.or.ke> wrote:
This is such a welcome move by the Courts especially after it became evident that this year is bound to be tough economically.
On Thu, Jan 12, 2023 at 9:40 PM Victor Kapiyo via KICTANet <kictanet@lists.kictanet.or.ke <mailto:kictanet@lists.kictanet.or.ke>> wrote: The High Court has ordered Safaricom and the central bank to halt re-introduction of charges on transactions made between mobile money wallets and lenders pending determination of a suit involving financial consumer rights.
Read more: https://nation.africa/kenya/business/high-court-suspends-bank-to-m-pesa-tran... <https://nation.africa/kenya/business/high-court-suspends-bank-to-m-pesa-transaction-charges--4084518>_______________________________________________ KICTANet mailing list -- kictanet@lists.kictanet.or.ke <mailto:kictanet@lists.kictanet.or.ke> To unsubscribe send an email to kictanet-leave@lists.kictanet.or.ke <mailto:kictanet-leave@lists.kictanet.or.ke>
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LOL!!! some banks are funny.... and i don't know who your banker is but... Coop bank charged for mobile money transactions the whole of last year even when transactions were supposed to be free 😂 even after CBK had made it clear and other banks were not charging... some banks are just funny! On Fri, Jan 13, 2023 at 3:57 PM Sidney Ochieng via KICTANet < kictanet@lists.kictanet.or.ke> wrote:
A good move though my bank claims it’s waiting on communication from CBK to implement it.
Warmly, Sidney
Twitter: @princelySid | Github: princelySid | Web: sidneyochieng.co.ke
On 13 Jan 2023, at 09:54, paul kithinji muriuki via KICTANet < kictanet@lists.kictanet.or.ke> wrote:
This is such a welcome move by the Courts especially after it became evident that this year is bound to be tough economically.
On Thu, Jan 12, 2023 at 9:40 PM Victor Kapiyo via KICTANet < kictanet@lists.kictanet.or.ke> wrote:
The High Court has ordered Safaricom and the central bank to halt re-introduction of charges on transactions made between mobile money wallets and lenders pending determination of a suit involving financial consumer rights.
Read more: https://nation.africa/kenya/business/high-court-suspends-bank-to-m-pesa-tran... _______________________________________________ KICTANet mailing list -- kictanet@lists.kictanet.or.ke To unsubscribe send an email to kictanet-leave@lists.kictanet.or.ke
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KICTANet is a multi-stakeholder Think Tank for people and institutions interested and involved in ICT policy and regulation. KICTANet is a catalyst for reform in the Information and Communication Technology sector. Its work is guided by four pillars of Policy Advocacy, Capacity Building, Research, and Stakeholder Engagement.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
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Looks like this ruling is null and void, transaction fees are still in place unless the servers are in France. Regards On Fri, Jan 13, 2023 at 4:07 PM Mercy Mutindi via KICTANet < kictanet@lists.kictanet.or.ke> wrote:
LOL!!! some banks are funny.... and i don't know who your banker is but... Coop bank charged for mobile money transactions the whole of last year even when transactions were supposed to be free 😂 even after CBK had made it clear and other banks were not charging... some banks are just funny!
On Fri, Jan 13, 2023 at 3:57 PM Sidney Ochieng via KICTANet < kictanet@lists.kictanet.or.ke> wrote:
A good move though my bank claims it’s waiting on communication from CBK to implement it.
Warmly, Sidney
Twitter: @princelySid | Github: princelySid | Web: sidneyochieng.co.ke
On 13 Jan 2023, at 09:54, paul kithinji muriuki via KICTANet < kictanet@lists.kictanet.or.ke> wrote:
This is such a welcome move by the Courts especially after it became evident that this year is bound to be tough economically.
On Thu, Jan 12, 2023 at 9:40 PM Victor Kapiyo via KICTANet < kictanet@lists.kictanet.or.ke> wrote:
The High Court has ordered Safaricom and the central bank to halt re-introduction of charges on transactions made between mobile money wallets and lenders pending determination of a suit involving financial consumer rights.
Read more: https://nation.africa/kenya/business/high-court-suspends-bank-to-m-pesa-tran... _______________________________________________ KICTANet mailing list -- kictanet@lists.kictanet.or.ke To unsubscribe send an email to kictanet-leave@lists.kictanet.or.ke
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KICTANet is a multi-stakeholder Think Tank for people and institutions interested and involved in ICT policy and regulation. KICTANet is a catalyst for reform in the Information and Communication Technology sector. Its work is guided by four pillars of Policy Advocacy, Capacity Building, Research, and Stakeholder Engagement.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
KICTANet - The Power of Communities, is Kenya's premier ICT policy engagement platform.
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KICTANet is a multi-stakeholder Think Tank for people and institutions interested and involved in ICT policy and regulation. KICTANet is a catalyst for reform in the Information and Communication Technology sector. Its work is guided by four pillars of Policy Advocacy, Capacity Building, Research, and Stakeholder Engagement.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
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KICTANet is a multi-stakeholder Think Tank for people and institutions interested and involved in ICT policy and regulation. KICTANet is a catalyst for reform in the Information and Communication Technology sector. Its work is guided by four pillars of Policy Advocacy, Capacity Building, Research, and Stakeholder Engagement.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
KICTANet - The Power of Communities, is Kenya's premier ICT policy engagement platform.
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KICTANet is a multi-stakeholder Think Tank for people and institutions interested and involved in ICT policy and regulation. KICTANet is a catalyst for reform in the Information and Communication Technology sector. Its work is guided by four pillars of Policy Advocacy, Capacity Building, Research, and Stakeholder Engagement.
KICTANetiquette : Adhere to the same standards of acceptable behaviors online that you follow in real life: respect people's times and bandwidth, share knowledge, don't flame or abuse or personalize, respect privacy, do not spam, do not market your wares or qualifications.
KICTANet - The Power of Communities, is Kenya's premier ICT policy engagement platform.
-- *Barrack Otieno* *Trustee* *Kenya ICT Action Network (KICTAnet)* *Skype:barrack.otieno* *+254721325277* *https://www.linkedin.com/in/barrack-otieno-2101262b/ <https://www.linkedin.com/in/barrack-otieno-2101262b/>* *www.kictanet.or.ke <http://www.kictanet.or.ke>*
participants (7)
-
Barrack Otieno
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Liz
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Mercy Mutindi
-
Nelly Nyadzua
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paul kithinji muriuki
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Sidney Ochieng
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Victor Kapiyo