[kictanet] Mobile money versus Cash: the devil in the details that eludes many SME’s

[Mbugua Njihia]

The numbers on some alternative payment channels are; Safaricom on its Lipa
na Mpesa service takes 1% of each transaction value, Equity Bank  with
their transport centric service BebaPay which is in partnership with Google
take 5%, while PesaPal a payment services aggregator levies a 3.5%
transaction fee on e-commerce, bill payments and invoicing and 5% on
ticketing.
For service based businesses, these transaction fees could be considered
okay, but for those moving product, a deeper analysis will reveal why
adoption may be stifled.

More here - *http://www.mbuguanjihia.com/business/mobile-money-versus-cash-devil-details.html
<http://www.mbuguanjihia.com/business/mobile-money-versus-cash-devil-details.html>*
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