[kictanet] Disruptive technology: Facebook launches Payments on WhatsApp

Tue Jun 16 12:34:32 EAT 2020

Adam

Exactly!

*Ali Hussein*

Digital Transformation

Tel: +254 713 601113

Twitter: @AliHKassim

Skype: abu-jomo

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

Any information of a personal nature expressed in this email are purely
mine and do not necessarily reflect the official positions of the
organizations that I work with.

On Tue, Jun 16, 2020 at 12:26 PM Adam Lane <adam.lane at huawei.com> wrote:

> Ali
>
> It seems that way, as reliant as whatsapp is on local banks in each
> country (which limits how many Kenyans have bank accounts and could use
> it). So if anything maybe whatsapp pay would be a partner for mpesa, and
> ride on mpesa’s registered user base and APIs etc?
>
> Adam
>
>
>
> *From:* kictanet [mailto:kictanet-bounces+adam.lane=
> huawei.com at lists.kictanet.or.ke] *On Behalf Of *Ali Hussein via kictanet
> *Sent:* Tuesday, June 16, 2020 12:11 PM
> *To:* Adam Lane <adam.lane at huawei.com>
> *Cc:* Ali Hussein <ali at hussein.me.ke>
> *Subject:* Re: [kictanet] Disruptive technology: Facebook launches
> Payments on WhatsApp
>
>
>
> Listers
>
>
>
> My thoughts.
>
>
>
> Whatsapp Pay is just riding on existing Financial Services Infrastructure
> with its attendant costs, limitations, and regulatory snafus. The only
> great innovation here is that they have 2 billion users. See link below to
> an ongoing discussion on Linkedin.
>
>
>
> WhatsApp launches WhatsApp Pay in Brazil
> <https://www.linkedin.com/feed/update/urn:li:activity:6678522294119350272/>
>
>
>
> Regards
>
>
>
> *Ali Hussein*
>
> Digital Transformation
>
>
>
> Tel: +254 713 601113
>
> Twitter: @AliHKassim
>
> Skype: abu-jomo
>
> LinkedIn: http://ke.linkedin.com/in/alihkassim
>
>
>
>
>
>
> Any information of a personal nature expressed in this email are purely
> mine and do not necessarily reflect the official positions of the
> organizations that I work with.
>
>
>
>
>
> On Tue, Jun 16, 2020 at 11:44 AM Paul Magacha via kictanet <
> kictanet at lists.kictanet.or.ke> wrote:
>
> Eric,
>
> True, this is an interesting development and definitely appropriate for
> the demographic that heavily depends on WhatsApp.
>
>
>
> For me WhatsApp doesn’t really lend itself well for the kind of e-commerce
> engagement I’m used to but I definitely see it’s been working well for
> early adopters populations.
>
>  For example, Kenyans seem to respond well to WhatsApp groups vs Facebook
> groups. Whereas Facebook allowed threaded conversations which are easy to
> follow,WhatsApp does yet Kenyans and others are ok having 20 different
> active conversations going on in the group. It’s personally too exhausting
> for me.
>
>
>
> If the WhatsApp for business offers better conversations moderation then
> that’d work.  Anyway, I am not their demographic so I can’t relate to this
> product.
>
>
>
> But again for Kenya we still have a large Kabambe population so mpesa is
> more practical for that market. I’m sure safaricom is going to work hard to
> defend that market.
>
> Paul.
>
>
>
> Sent from my iPhone
>
>
> On Jun 16, 2020, at 11:31 AM, Erick Mwangi via kictanet <
> kictanet at lists.kictanet.or.ke> wrote:
>
> Listers,
>
>
>
> Unless govt uses tax mechanisms to make WhatsApp unfavourable in this
> market, if they were to appear on our shores then it would be Checkmate
> Safcom, but we all know that can't happen.
>
>
>
> The exhobitant cost of Mpesa continues to baffle me, Alibaba has free P2P
> transactions but we are still charged an arm and a leg.
>
>
>
> Payments of the future are lifestyle based where the friction between
> entertainment and purchasing does not exist. We have to move beyond SMS
> based payments. That vertical simply is for yesteryear.
>
>
>
> Eric
>
>
>
> On Tue, 16 Jun 2020, 09:14 Paul Magacha via kictanet, <
> kictanet at lists.kictanet.or.ke> wrote:
>
>
> Dear Listers,
> Another disruption in the mobile payments market.
> Who will be the biggest winners? Biggest losers? Partner or compete?
> Today Facebook launches payments on WhatsApp in Brazil using Facebook Pay.
> "We're making sending and receiving money as easy as sharing photos."
> They are also enabling small businesses to make sales right within
> WhatsApp.
>
> It rolls out in Brazil today but Asia and Africa will soon follow as they
> are the biggest markets for Facebook.
> Interesting times ahead..
> Regards,
> Paul.
>
> Sent from my iPhone
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> for people and institutions interested and involved in ICT policy and
> regulation. The network aims to act as a catalyst for reform in the ICT
> sector in support of the national aim of ICT enabled growth and development.
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> KICTANetiquette : Adhere to the same standards of acceptable behaviors
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> The Kenya ICT Action Network (KICTANet) is a multi-stakeholder platform
> for people and institutions interested and involved in ICT policy and
> regulation. The network aims to act as a catalyst for reform in the ICT
> sector in support of the national aim of ICT enabled growth and development.
>
> KICTANetiquette : Adhere to the same standards of acceptable behaviors
> online that you follow in real life: respect people's times and bandwidth,
> share knowledge, don't flame or abuse or personalize, respect privacy, do
> not spam, do not market your wares or qualifications.
>
>
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