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

[Ali Hussein]

Now that's the million dollar question! 

Do I hear knee jerk edicts and policies? 

Ali Hussein

+254 0770 906375 / 0713 601113

"I fear the day technology will surpass human interaction. The world will have a generation of idiots".  ~ Albert Einstein

Sent from my iPad

> On Jan 9, 2014, at 1:29 PM, ICT Researcher <ict.researcher at yahoo.com> wrote:
> 
> 
> 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?
> 
> ------------------------------
>> 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>*
>> .
> 
> 
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