Banks unveil own mobile money transfer platform: Pesalink
While we have all been worried by mpesa dominance could Pesalink <https://www.youtube.com/user/businessdailyafrica?feature=iv&src_vid=dTSf7VW5mf4&annotation_id=channel%3A563d5528-0000-2ad5-8b04-94eb2c0858bc> be a forminable rival to it? Regards, Job Muriuki, Skype: heviejob
Job, my take on this is that Pesalink will fail, *unless* they get as many agents out there as Mpesa has. It is the ability to easily deposit, and withdraw cash, even in the remotest rural locations, that made Mpesa successful. As Steve told us this week, Mpesa has 124,000 agents countrywide. Cheers, Tony On 17/02/2017, Job Muriuki via kictanet <kictanet@lists.kictanet.or.ke> wrote:
While we have all been worried by mpesa dominance could Pesalink <https://www.youtube.com/user/businessdailyafrica?feature=iv&src_vid=dTSf7VW5mf4&annotation_id=channel%3A563d5528-0000-2ad5-8b04-94eb2c0858bc> be a forminable rival to it?
Regards, Job Muriuki,
Skype: heviejob
-- Tony White
Tony, I think banks can manage such numbers of agents if they all combine efforts which pesalink is all about. I find most mpesa agents having multiple other agents. If they work on costing and make it as competitive/cheaper than mpesa they can hack the market. Regards, Job Muriuki, Skype: heviejob On Sat, Feb 18, 2017 at 11:26 AM, Tony White <tony.mzungu@gmail.com> wrote:
Job, my take on this is that Pesalink will fail, *unless* they get as many agents out there as Mpesa has. It is the ability to easily deposit, and withdraw cash, even in the remotest rural locations, that made Mpesa successful. As Steve told us this week, Mpesa has 124,000 agents countrywide.
Cheers, Tony
On 17/02/2017, Job Muriuki via kictanet <kictanet@lists.kictanet.or.ke> wrote:
While we have all been worried by mpesa dominance could Pesalink <https://www.youtube.com/user/businessdailyafrica?feature= iv&src_vid=dTSf7VW5mf4&annotation_id=channel%3A563d5528-0000-2ad5-8b04- 94eb2c0858bc> be a forminable rival to it?
Regards, Job Muriuki,
Skype: heviejob
-- Tony White
Hey Job, It can be but needs to be operational, and to be able to provide the same agency network. Cash in and out functions are key. Here I elude towards having an interoperable wallet as most of the mobile banking applications by the banks will be required to scrapped and IPSL will need to take the lead and s bsnk to be able IPSL to use their complete channel / agency network. How well aligned all the key stakeholders in Financial Sector to be able to take on the MNO's, is there the skill set available. Best Regards, Baiju *Baiju Shah** |*Managing Partner* |* Phone: +254 701691570 ** *|*Mobile: +254 787332247 *|* Skype: baijushah* |* Email: baiju@telemedia.co.ke* | * *Telemedia Africa Ltd* *. * The information contained within this e-mail and any attachments ("Email") may contain legally privileged, proprietary and confidential information intended solely for the recipients listed as addresses. If you are not an addressee, any review, dissemination, disclosure, copying, distribution, retention, communication, or use of the contents of this Email is strictly prohibited. If this Email is received in error, immediately notify the original sender by return email or telephone Telemedia Africa Ltd at +254 787332247, and delete this Email. Telemedia Africa warrants neither the accuracy nor the completeness of the information contained in this Email. On Fri, Feb 17, 2017 at 10:55 PM, Job Muriuki via kictanet < kictanet@lists.kictanet.or.ke> wrote:
While we have all been worried by mpesa dominance could Pesalink <https://www.youtube.com/user/businessdailyafrica?feature=iv&src_vid=dTSf7VW5mf4&annotation_id=channel%3A563d5528-0000-2ad5-8b04-94eb2c0858bc> be a forminable rival to it?
Regards, Job Muriuki,
Skype: heviejob
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http://www.businessdailyafrica.com/news/CBK-rejects-bankers-mobile-money-tra... Very interesting. Who would have thought the regulator actually understands the need for speed in mobile platforms. Tarehe Jumamosi, Feb 18, 2017 saa 13:22 Baiju Shah via kictanet < kictanet@lists.kictanet.or.ke> aliandika:
Hey Job,
It can be but needs to be operational, and to be able to provide the same agency network. Cash in and out functions are key. Here I elude towards having an interoperable wallet as most of the mobile banking applications by the banks will be required to scrapped and IPSL will need to take the lead and s bsnk to be able IPSL to use their complete channel / agency network.
How well aligned all the key stakeholders in Financial Sector to be able to take on the MNO's, is there the skill set available.
Best Regards, Baiju
*Baiju Shah** |*Managing Partner* |*
Phone: +254 701691570 ** *|*Mobile: +254 787332247 *|* Skype: baijushah* |* Email: baiju@telemedia.co.ke* | *
*Telemedia Africa Ltd* *. *
The information contained within this e-mail and any attachments ("Email") may contain legally privileged, proprietary and confidential information intended solely for the recipients listed as addresses. If you are not an addressee, any review, dissemination, disclosure, copying, distribution, retention, communication, or use of the contents of this Email is strictly prohibited. If this Email is received in error, immediately notify the original sender by return email or telephone Telemedia Africa Ltd at +254 787332247, and delete this Email. Telemedia Africa warrants neither the accuracy nor the completeness of the information contained in this Email.
On Fri, Feb 17, 2017 at 10:55 PM, Job Muriuki via kictanet < kictanet@lists.kictanet.or.ke> wrote:
While we have all been worried by mpesa dominance could Pesalink <https://www.youtube.com/user/businessdailyafrica?feature=iv&src_vid=dTSf7VW5mf4&annotation_id=channel%3A563d5528-0000-2ad5-8b04-94eb2c0858bc> be a forminable rival to it?
Regards, Job Muriuki,
Skype: heviejob
_______________________________________________ kictanet mailing list kictanet@lists.kictanet.or.ke https://lists.kictanet.or.ke/mailman/listinfo/kictanet Twitter: http://twitter.com/kictanet Facebook: https://www.facebook.com/KICTANet/
Unsubscribe or change your options at https://lists.kictanet.or.ke/mailman/options/kictanet/baiju%40telemedia.co.k...
The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
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 mailing list kictanet@lists.kictanet.or.ke https://lists.kictanet.or.ke/mailman/listinfo/kictanet Twitter: http://twitter.com/kictanet Facebook: https://www.facebook.com/KICTANet/
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The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform for people and institutions interested and involved in ICT policy and regulation. The network aims to act as a catalyst for reform in the ICT sector in support of the national aim of ICT enabled growth and development.
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.
-- *Mercy Mutemi, Advocate*.
participants (4)
-
Baiju Shah -
Job Muriuki -
kanini mutemi -
Tony White