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

[ICT Researcher]

Very interesting read. I dare ask if all people without mobile phone and access to the internet to effect e-payments will be banned from travelling?

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On Thu, Jan 9, 2014 10:41 AM MSK Mbugua Njihia wrote:

>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>*
>.