[kictanet] Equitel - M-Pesa battle heats up as Safaricom hikes termination fees
ngethe.kariuki2007
ngethe.kariuki2007 at yahoo.co.uk
Thu Aug 20 20:30:10 EAT 2015
Since Safaricom is dominant in the mobile money termination market and in the absence of any regulation, it is in their interest to maximise returns in that "market segment" .So, Safaricom is behaving as expected!
John Kariuki
Sent from Samsung Mobile
-------- Original message --------
From: Dennis Kioko via kictanet <kictanet at lists.kictanet.or.ke>
Date:
To: ngethe.kariuki2007 at yahoo.co.uk
Cc: Dennis Kioko <dmbuvi at gmail.com>
Subject: [kictanet] Equitel - M-Pesa battle heats up as Safaricom hikes termination fees
Good Afternoon Listers,
Safaricom has increased termination fee - the amount of money paid to it by Equitel for money to be sent from one network to another.
This has left Equitel users with high transaction costs on Equitel to M-Pesa transactions. See story here http://www.infotake.co.ke/2015/08/equitel-users-silently-hit-by-100.html
--
with Regards:
blog.denniskioko.com
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