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Meet M-Shwari from Safaricom!!!!
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InnovateGuy
#31 Posted : Tuesday, November 27, 2012 11:59:06 AM
Rank: Veteran

Joined: 11/15/2012
Posts: 1,110
If Safaricom decides to do a "GTV" on Kenya, what will happen to customers having cash on their M-pesa or M-shwari accounts?

Who can guarantee the customers money? No company is too big to fail. The collapse of the Lehman Brothers is a clear indicator.

In a free market economy regulation and bureaucracy is quite unnecessary, but there is need to put a cap somewhere. Regulators maybe sleeping on their job.
Live Full Die Empty - Les Brown.
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accelriskconsult
#32 Posted : Tuesday, November 27, 2012 12:05:09 PM
Rank: Member

Joined: 4/2/2011
Posts: 629
Location: Nai
InnovateGuy wrote:
If Safaricom decides to do a "GTV" on Kenya, what will happen to customers having cash on their M-pesa or M-shwari accounts?

Who can guarantee the customers money? No company is too big to fail. The collapse of the Lehman Brothers is a clear indicator.

In a free market economy regulation and bureaucracy is quite unnecessary, but there is need to put a cap somewhere. Regulators maybe sleeping on their job.



MPESA is virtual money. Monies flowing through the system are held in a trust that is CBK licensed. That money does not pass through Safaricoms bank accounts.
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wangu.n
#33 Posted : Tuesday, November 27, 2012 12:10:16 PM
Rank: Member

Joined: 8/4/2009
Posts: 136
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McReggae
#34 Posted : Tuesday, November 27, 2012 12:21:25 PM
Rank: Elder

Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
Your M-Shwari account has been created successfully.....mi ni member already!!!
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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dunkang
#35 Posted : Tuesday, November 27, 2012 12:25:06 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
NO Nonesense. This is just too easy. this must be money laundering. Someone regulate this. Its too easy to be clean.

Is it true the son of jomo has a stake at CBA (the bank)?
Receive with simplicity everything that happens to you.” ― Rashi

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vky
#36 Posted : Tuesday, November 27, 2012 1:17:27 PM
Rank: Member

Joined: 6/17/2010
Posts: 572
McReggae wrote:
Your M-Shwari account has been created successfully.....mi ni member already!!!

how do you sign up for the account
'One headache for famous medieval holy people was that someone might murder you to acquire your body parts for the relics trade'
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McReggae
#37 Posted : Tuesday, November 27, 2012 1:19:23 PM
Rank: Elder

Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
vky wrote:
McReggae wrote:
Your M-Shwari account has been created successfully.....mi ni member already!!!

how do you sign up for the account


...just update you Mpesa menu and M-shwari will appear click on it and activate
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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McReggae
#38 Posted : Tuesday, November 27, 2012 1:23:55 PM
Rank: Elder

Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
and the CBK governor was at the launch!!

..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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mawinder
#39 Posted : Tuesday, November 27, 2012 1:29:26 PM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
@dunkang,yes he has a share but not Freedom.
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propertyzote
#40 Posted : Tuesday, November 27, 2012 1:30:18 PM
Rank: Member

Joined: 8/25/2010
Posts: 283
Location: Nairobi
dunkang wrote:
NO Nonesense. This is just too easy. this must be money laundering. Someone regulate this. Its too easy to be clean.

Is it true the son of jomo has a stake at CBA (the bank)?

Yes!
www.propertyzote.com the ultimate ‘one stop online shop’ of choice connecting more people with more properties at the click of a button
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