[kictanet] Equity says M-Pesa lines should be open

[Walubengo J]

@Ali,

Funny how Equity is thinking like me below...exactly my idea about "unbundling" MPESA.  It should be "open-access" and I dont see how that would affect Safcom intellectual property rights to MPESA.  It as about inter-operability - think "Mobile Phone Inter-connection" agreements where competing operators interconnect at a fee that is settled regularly.

Perhaps if this open-access model to MPESA was available, we would not have Posta-Kenya trying to re-invent the wheel and CS Matiangi /Govt trying to create another monopoly in this space.

walu.

~~~
Read on..

Equity Bank has hit criticised Safaricom over its continued refusal 
to open up the M-Pesa platform to enable its users transact business 
with other mobile money networks.  The commercial bank said this  has kept the cost of mobile money 
transaction high and may hinder further growth in the mobile commerce in Kenya.

 Equity Bank joins the other mobile operators, Airtel and Essar 
Telecom, who have been pushing for cross network operations in mobile 
money business.  "Financial services by nature should be inter-operable,” said John 
Staley, chief officer for finance, innovation and technology at Equity.   "Kenya has not seen much of this as one of the operators has tried as much as possible to be on a closed loop,"Stanley said.

From..

http://www.the-star.co.ke/news/article-130261/equity-says-m-pesa-lines-should-be-open
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