[kictanet] Paypal Value Proposition?

[Odhiambo Washington]

Truly a good explanation for the "middle class"!

I was waiting in the feriferi to capitalize on Walu's ignorance without
being seen to sail with him on the same safina :-)


On 12 February 2013 14:03, Dennis Kioko <dmbuvi at gmail.com> wrote:

> Let me try helping.
>
> Assuming that I somehow acquired a container of the rare Nexus 4 phones,
> for sale in Kenya. Now, I don't own a shop, and may not be interested in
> setting up one, or may have one, but would like to target the upward
> mobile, the likes of Munyao Longwe, who are Internet Savvy.
>
> I therefore create a site where Munyao can come and order himself a phone,
> for delivery to his home or office, perhaps through Aramex or another
> courier. Now, Munyao has to pay me before I deliver the phone. He can do so
> in a number of ways, perhaps by M-Pesa, Equity Bank card, Visa , Mastercard
> Debit or Credit.
>
> To collect the money from Munyao, I would need to give him my M-pesa
> number, and wait for him to pay, or present a card swiping machine from
> which he can swipe his preferred card. But this is quite cumbersome and
> introduces the need of reconciliation and possibility of errors - dispatch
> of an item I am unsure is paid for, or non-dispatch of a paid for item
> since I can't find the records.
>
> I therefore decide to come up with a system that will accept whatever
> payment system Munyao presents, be it Airtel Money, or his Cayman island
> issued Credit Card. The system will process his payment and show all
> payments in one dashboard. Now, I would need to hire someone to do such a
> system, or another to configure the Open Source PesaPi (Google).
>
> However, one enterprising Liko has developed PesaPal, which does payments
> from a large variety of sources, and presents the info from the same in a
> standard output. He then charges me a percentage of sales on every
> transaction, or perhaps a graduated fee like M-Pesa.
>
> With his system, my work is reduced to just looking at whether payments
> have been made against orders, and for how much.
>
> Furthermore, I can automate further by using PesaPal's Application
> Programming Interface to link my Point of Sale system with PesaPal.
>
> Yo therefore make an order - pay via Pesapal - my PoS acknowledges payment
> and credits your shopping basket with the item, and allows it to be checked
> out, or delivered. I can therefore go sit by my container all day, await
> notifications from PesaPal, and dispatch mobile phone through courier.
>
> I no longer have to call Longwe to ask how he will pay, or later reconcile
> my payments against my dispatched orders, since all this is done
> automatically.
>
> Hope this sort of explains it, or did I make things worse?
>
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-- 
Best regards,
Odhiambo WASHINGTON,
Nairobi,KE
+254733744121/+254722743223
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
I can't hear you -- I'm using the scrambler.
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