The reality of Mobile Money interoperability is finally here
Listers Interesting development. The Telco sector with policy push from MOICT is finally testing interoperability of Mobile Money across Networks. This is a step in the right direction. This list has long advocated for this. It is gratifying to see that this is happening now. Kudos to MOICT and CS Mucheru for pushing this through. Kudos to the telcos for making it happen. I'm however curious as to the headline of the story:- Mobile Money deal spells doom to M-Pesa <https://businesstoday.co.ke/mobile-money-deal-spells-doom-m-pesa/> Interoperability may very well cement and increase M-Pesa's dominance in the space. This battle is not going to be won on the promise of withdrawing and sending money. Increasingly people want convenience beyond cash-outs and peer to peer transfers. The players who will win are those who understand and execute the following:- 1. Super Focus on the customer 2. A one stop shop Virtual Bank - Payments, deposits, savings etc. 3. Brand Equity built on the principle that the customer ALWAYS comes first. My sense is that the interoperability 'promise' for laggard brands will go the way of the Number Porting Promise. There is no short cut to succeeding in business and serving your customer with excellence. For those expecting the government to help them vanquish their business rivals they have a long way to wait.. The winner here is the customer. The price for the telcos and other mobile money service provider is that you now have a level playing field.. Sort of.. :-) *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> 13th Floor , Delta Towers, Oracle Wing, Chiromo Road, Westlands, Nairobi, Kenya. 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.
Totally agree with you Mr. Ali. This is the one major reason why M-Pesa has not "scaled" and innovated enough. The fact that we tend to believe that its competitive advantage is gained from the fact that its not meant to be inter operable. And that is a very wrong notion in the .com era. IMHO Safaricom has lost out on a lot of opportunities from M-Pesa just by being put into a square box in terms of not only scale, but scope of innovation. On Sat, Jan 20, 2018 at 7:12 AM, Ali Hussein via kictanet < kictanet@lists.kictanet.or.ke> wrote:
Listers
Interesting development. The Telco sector with policy push from MOICT is finally testing interoperability of Mobile Money across Networks. This is a step in the right direction. This list has long advocated for this. It is gratifying to see that this is happening now. Kudos to MOICT and CS Mucheru for pushing this through. Kudos to the telcos for making it happen.
I'm however curious as to the headline of the story:-
Mobile Money deal spells doom to M-Pesa <https://businesstoday.co.ke/mobile-money-deal-spells-doom-m-pesa/>
Interoperability may very well cement and increase M-Pesa's dominance in the space. This battle is not going to be won on the promise of withdrawing and sending money. Increasingly people want convenience beyond cash-outs and peer to peer transfers. The players who will win are those who understand and execute the following:-
1. Super Focus on the customer 2. A one stop shop Virtual Bank - Payments, deposits, savings etc. 3. Brand Equity built on the principle that the customer ALWAYS comes first.
My sense is that the interoperability 'promise' for laggard brands will go the way of the Number Porting Promise. There is no short cut to succeeding in business and serving your customer with excellence. For those expecting the government to help them vanquish their business rivals they have a long way to wait..
The winner here is the customer. The price for the telcos and other mobile money service provider is that you now have a level playing field.. Sort of.. :-)
*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>
13th Floor , Delta Towers, Oracle Wing,
Chiromo Road, Westlands,
Nairobi, Kenya.
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.
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Ali, This is good news. Any more details on this especially regarding timelines? Rgds On Sat, Jan 20, 2018 at 7:12 AM, Ali Hussein via kictanet < kictanet@lists.kictanet.or.ke> wrote:
Listers
Interesting development. The Telco sector with policy push from MOICT is finally testing interoperability of Mobile Money across Networks. This is a step in the right direction. This list has long advocated for this. It is gratifying to see that this is happening now. Kudos to MOICT and CS Mucheru for pushing this through. Kudos to the telcos for making it happen.
I'm however curious as to the headline of the story:-
Mobile Money deal spells doom to M-Pesa <https://businesstoday.co.ke/mobile-money-deal-spells-doom-m-pesa/>
Interoperability may very well cement and increase M-Pesa's dominance in the space. This battle is not going to be won on the promise of withdrawing and sending money. Increasingly people want convenience beyond cash-outs and peer to peer transfers. The players who will win are those who understand and execute the following:-
1. Super Focus on the customer 2. A one stop shop Virtual Bank - Payments, deposits, savings etc. 3. Brand Equity built on the principle that the customer ALWAYS comes first.
My sense is that the interoperability 'promise' for laggard brands will go the way of the Number Porting Promise. There is no short cut to succeeding in business and serving your customer with excellence. For those expecting the government to help them vanquish their business rivals they have a long way to wait..
The winner here is the customer. The price for the telcos and other mobile money service provider is that you now have a level playing field.. Sort of.. :-)
*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>
13th Floor , Delta Towers, Oracle Wing,
Chiromo Road, Westlands,
Nairobi, Kenya.
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.
_______________________________________________ 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.
-- *Regards,* *Wait**haka Ngigi* Chief Executive Officer | Alliance Technologies | MCK Nairobi Synod Building T +254 20 525 0750 |Office Mobile: +254 716 201061 | M +254 737 811 000 www.at.co.ke
Ngigi According to my source at Telkom testing is currently ongoing. As to when this will be fully rolled out not sure. I’d give it 3-6 months.. Ali Hussein Hussein & Associates +254 0713 601113 Twitter: @AliHKassim Skype: abu-jomo LinkedIn: http://ke.linkedin.com/in/alihkassim Blog: www.alyhussein.com "Discovery consists in seeing what everyone else has seen and thinking what no one else has thought". ~ Albert Szent-Györgyi Sent from my iPad
On 20 Jan 2018, at 1:02 PM, Ngigi Waithaka via kictanet <kictanet@lists.kictanet.or.ke> wrote:
Ali,
This is good news. Any more details on this especially regarding timelines?
Rgds
On Sat, Jan 20, 2018 at 7:12 AM, Ali Hussein via kictanet <kictanet@lists.kictanet.or.ke> wrote: Listers
Interesting development. The Telco sector with policy push from MOICT is finally testing interoperability of Mobile Money across Networks. This is a step in the right direction. This list has long advocated for this. It is gratifying to see that this is happening now. Kudos to MOICT and CS Mucheru for pushing this through. Kudos to the telcos for making it happen.
I'm however curious as to the headline of the story:-
Mobile Money deal spells doom to M-Pesa
Interoperability may very well cement and increase M-Pesa's dominance in the space. This battle is not going to be won on the promise of withdrawing and sending money. Increasingly people want convenience beyond cash-outs and peer to peer transfers. The players who will win are those who understand and execute the following:-
1. Super Focus on the customer 2. A one stop shop Virtual Bank - Payments, deposits, savings etc. 3. Brand Equity built on the principle that the customer ALWAYS comes first.
My sense is that the interoperability 'promise' for laggard brands will go the way of the Number Porting Promise. There is no short cut to succeeding in business and serving your customer with excellence. For those expecting the government to help them vanquish their business rivals they have a long way to wait..
The winner here is the customer. The price for the telcos and other mobile money service provider is that you now have a level playing field.. Sort of.. :-)
Ali Hussein Principal Hussein & Associates
Tel: +254 713 601113 Twitter: @AliHKassim Skype: abu-jomo LinkedIn: http://ke.linkedin.com/in/alihkassim
13th Floor , Delta Towers, Oracle Wing, Chiromo Road, Westlands, Nairobi, Kenya.
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.
_______________________________________________ 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.
-- Regards,
Waithaka Ngigi Chief Executive Officer | Alliance Technologies | MCK Nairobi Synod Building T +254 20 525 0750 |Office Mobile: +254 716 201061 | M +254 737 811 000 www.at.co.ke _______________________________________________ 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.
participants (4)
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Admin CampusCiti -
Ahmed Mohamed Maawy -
Ali Hussein -
Ngigi Waithaka