[kictanet] I&M suspends online card transactions

Bernard Kioko bkioko at bernsoft.com
Wed Oct 7 12:24:20 EAT 2015


They do in partnership with Safaricom. The are called Prepay Safari Card

 

From: kictanet
[mailto:kictanet-bounces+bkioko=bernsoft.com at lists.kictanet.or.ke] On Behalf
Of Watila Alex via kictanet
Sent: Wednesday, October 07, 2015 11:40 AM
To: bkioko at bernsoft.com
Cc: Watila Alex
Subject: Re: [kictanet] I&M suspends online card transactions

 


they should issue prepaid cards for online transactions like kcb

 

 

 

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From:"Ali Hussein via kictanet" <kictanet at lists.kictanet.or.ke
<mailto:kictanet at lists.kictanet.or.ke> >
Date:Wed, 7 Oct, 2015 at 5:20
Subject:[kictanet] I&M suspends online card transactions

Listers

 

Interesting story about the pitfalls of ECommerce payments. 

 

http://www.businessdailyafrica.com/Corporate-News/I-M-Bank-suspends-online-c
ard-payments/-/539550/2901814/-/k38ilvz/-/index.html

 

As one of the few acquirers (The others are Barclays and KCB, soon to be
followed by Chase Bank) this doesn't auger well for online card payments in
the country. 

 

Fortunately for us we have other payment gateways we can use. 

 

I'm curious to know what impact this will have on eCommerce in the country.
Anyone can share insights?

 

Ali Hussein

Principal

Hussein & Associates

+254 0713 601113 / 0770906375

 

Twitter: @AliHKassim

Skype: abu-jomo

LinkedIn: http://ke.linkedin.com/in/alihkassim

Blog: www.alyhussein.com <http://www.alyhussein.com/> 

 

"Discovery consists in seeing what everyone else has seen and thinking what
no one else has thought".  ~ Albert Szent-Györgyi

 

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