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Hello Equitel
Rank: Member Joined: 5/9/2014 Posts: 130 Location: Nairobi
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They would have targeted mobile money and data bundles business, the public still feel rates are higher for transfers and data. Would have been 2 good entry points, their call rates wouldn't make anyone jump ship unless you are an employee forced to do it.
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Rank: Elder Joined: 9/15/2006 Posts: 3,905
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Easily the most comprehensive write up by a user of Equitel. It seems they'd like to make your phone a dual-sim, but apart from Mobile Money (where they have true latitude), a user with an Airtel line would just continue with his sim... http://connect.complit.co.ke/20...tml#sthash.sH6acCwA.dpufMobile Banking This is where the rubber finally hits the road. Equitel mobile money charges are as follows: •Check Balance - Ksh 0 •Deposit - Ksh 0 •Send Money to your own account - Ksh 0 •Send money to other Equity accounts - 1% of the transaction value with a maximum of Ksh 25 •Send money to non-registered phone number (cash by code) - 1% of the transaction value with a maximum of Ksh 25 •Pay bill - 1% of the transaction value with a maximum of Ksh 25 •Send money to other banks - 1% of the transaction value with a maximum of Ksh 25, plus Ksh 10 termination fee •Send money to other mobile money account (MPESA, Airtel Money etc) - 1% of the transaction value with a maximum of Ksh 25, plus Ksh 10 termination fee •Eazzy Loan - 2% per month interest rate of the amount advanced •Withdraw money from agent, ATM, branch - as per existing fee, depending on transaction and channel used.
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Rank: Elder Joined: 10/23/2009 Posts: 2,375
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muganda wrote:Easily the most comprehensive write up by a user of Equitel. It seems they'd like to make your phone a dual-sim, but apart from Mobile Money (where they have true latitude), a user with an Airtel line would just continue with his sim... http://connect.complit.co.ke/20...tml#sthash.sH6acCwA.dpufMobile Banking This is where the rubber finally hits the road. Equitel mobile money charges are as follows: •Check Balance - Ksh 0 •Deposit - Ksh 0 •Send Money to your own account - Ksh 0 •Send money to other Equity accounts - 1% of the transaction value with a maximum of Ksh 25 •Send money to non-registered phone number (cash by code) - 1% of the transaction value with a maximum of Ksh 25 •Pay bill - 1% of the transaction value with a maximum of Ksh 25 •Send money to other banks - 1% of the transaction value with a maximum of Ksh 25, plus Ksh 10 termination fee •Send money to other mobile money account (MPESA, Airtel Money etc) - 1% of the transaction value with a maximum of Ksh 25, plus Ksh 10 termination fee •Eazzy Loan - 2% per month interest rate of the amount advanced • Withdraw money from agent, ATM, branch - as per existing fee, depending on transaction and channel used. What does this mean? It should come out very clearly because that is where the biggest fight is. It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt...
-Mark Twain
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Rank: Elder Joined: 9/15/2006 Posts: 3,905
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bkismat wrote:muganda wrote:•Withdraw money from agent, ATM, branch - as per existing fee, depending on transaction and channel used.
What does this mean? It should come out very clearly because that is where the biggest fight is. I think what they mean is if you choose to use an Equity Agent, Equity ATM, or Equity Branch, they treat a withdrawal as if you're directly removing money from your bank account. So nothing changes.
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Rank: Veteran Joined: 12/8/2009 Posts: 975 Location: Nairobi
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muganda wrote:bkismat wrote:muganda wrote:•Mobile Banking
This is where the rubber finally hits the road.
Equitel mobile money charges are as follows:
•Check Balance - Ksh 0
•Deposit - Ksh 0
•Send Money to your own account - Ksh 0
•Send money to other Equity accounts - 1% of the transaction value with a maximum of Ksh 25
•Send money to non-registered phone number (cash by code) - 1% of the transaction value with a maximum of Ksh 25
•Pay bill - 1% of the transaction value with a maximum of Ksh 25
•Send money to other banks - 1% of the transaction value with a maximum of Ksh 25, plus Ksh 10 termination fee
•Send money to other mobile money account (MPESA, Airtel Money etc) - 1% of the transaction value with a maximum of Ksh 25, plus Ksh 10 termination fee
•Eazzy Loan - 2% per month interest rate of the amount advanced
•Withdraw money from agent, ATM, branch - as per existing fee, depending on transaction and channel used.Withdraw money from agent, ATM, branch - as per existing fee, depending on transaction and channel used.
What does this mean? It should come out very clearly because that is where the biggest fight is. I think what they mean is if you choose to use an Equity Agent, Equity ATM, or Equity Branch, they treat a withdrawal as if you're directly removing money from your bank account. So nothing changes. I think MPESA has a really good reason to worry! You will know that you have arrived when money and time are not mutually exclusive "events" in you life!
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Rank: Elder Joined: 6/17/2008 Posts: 23,365 Location: Nairobi
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Rankaz13 wrote:jerry wrote:Who are the other two MVNOs and what'd their intention(s)? Tangaza Pesa and KQ, I believe. tangaza and I think zioncell or something like that, KQ's application is still pending! ..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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Rank: Elder Joined: 10/23/2009 Posts: 2,375
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muganda wrote:bkismat wrote:muganda wrote:•Withdraw money from agent, ATM, branch - as per existing fee, depending on transaction and channel used.
What does this mean? It should come out very clearly because that is where the biggest fight is. I think what they mean is if you choose to use an Equity Agent, Equity ATM, or Equity Branch, they treat a withdrawal as if you're directly removing money from your bank account. So nothing changes. Communication gap. They are assuming everybody is aware of this. Some of the guys who are very interested are not members and do not know.From those who are aware what are the charges from the different transaction channels. Checked the Equitel website and I can see it is still 'under construction'. It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt...
-Mark Twain
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Rank: Member Joined: 1/27/2012 Posts: 851 Location: Nairobi
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bkismat wrote:muganda wrote:bkismat wrote:muganda wrote:•Withdraw money from agent, ATM, branch - as per existing fee, depending on transaction and channel used.
What does this mean? It should come out very clearly because that is where the biggest fight is. I think what they mean is if you choose to use an Equity Agent, Equity ATM, or Equity Branch, they treat a withdrawal as if you're directly removing money from your bank account. So nothing changes. Communication gap. They are assuming everybody is aware of this. Some of the guys who are very interested are not members and do not know.From those who are aware what are the charges from the different transaction channels. Checked the Equitel website and I can see it is still 'under construction'. @bkismat, I think the part in red is clear enough. What is the gap? The biggest fight is not about withdrawing from agents, ATMs or Branches, it is the crazy transfer/withdrawal/payment services fees charged by Mpesa. I moved in on Thursday and i'm loving it. Wish more guys join in soonest for maximum "muenjoyo".
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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mkeiy wrote:bkismat wrote:muganda wrote:bkismat wrote:muganda wrote:•Withdraw money from agent, ATM, branch - as per existing fee, depending on transaction and channel used.
What does this mean? It should come out very clearly because that is where the biggest fight is. I think what they mean is if you choose to use an Equity Agent, Equity ATM, or Equity Branch, they treat a withdrawal as if you're directly removing money from your bank account. So nothing changes. Communication gap. They are assuming everybody is aware of this. Some of the guys who are very interested are not members and do not know.From those who are aware what are the charges from the different transaction channels. Checked the Equitel website and I can see it is still 'under construction'. @bkismat, I think the part in red is clear enough. What is the gap? The biggest fight is not about withdrawing from agents, ATMs or Branches, it is the crazy transfer/withdrawal/payment services fees charged by Mpesa. I moved in on Thursday and i'm loving it. Wish more guys join in soonest for maximum "muenjoyo". What exactly are you loving/enjoying? Are you on thin or mini SIM? The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 5/26/2009 Posts: 1,793
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The biggest advantage of this Equitel thing is calling within East Africa. Charges 4 bob per minute as of now and has saved me quite much considering Safarricom as an alternative with its roaming charges and calls at 25 bob per minute.
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Rank: Elder Joined: 3/19/2010 Posts: 3,504 Location: Uganda
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I have an orange line and I make most of my long calls for free from 10am to 5pm including calls to landlines.after subscribing bunda 100 at shs 100. per month. after that orange to orange is 2Bob pmin orange to ther networks is 3 bob per min all the time. have had this line since. 2010 and seems Im not losing it soon. Kenyans are peculiar indeed. punda amecheka
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Rank: Member Joined: 1/27/2012 Posts: 851 Location: Nairobi
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jerry wrote:mkeiy wrote:bkismat wrote:muganda wrote:bkismat wrote:muganda wrote:•Withdraw money from agent, ATM, branch - as per existing fee, depending on transaction and channel used.
What does this mean? It should come out very clearly because that is where the biggest fight is. I think what they mean is if you choose to use an Equity Agent, Equity ATM, or Equity Branch, they treat a withdrawal as if you're directly removing money from your bank account. So nothing changes. Communication gap. They are assuming everybody is aware of this. Some of the guys who are very interested are not members and do not know.From those who are aware what are the charges from the different transaction channels. Checked the Equitel website and I can see it is still 'under construction'. @bkismat, I think the part in red is clear enough. What is the gap? The biggest fight is not about withdrawing from agents, ATMs or Branches, it is the crazy transfer/withdrawal/payment services fees charged by Mpesa. I moved in on Thursday and i'm loving it. Wish more guys join in soonest for maximum "muenjoyo". What exactly are you loving/enjoying? Are you on thin or mini SIM? I'm enjoying money transfers and the fact that calls cost same as Safcom. I'm on normal SIM.
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Rank: Elder Joined: 5/26/2009 Posts: 1,793
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newfarer wrote:I have an orange line and I make most of my long calls for free from 10am to 5pm including calls to landlines.after subscribing bunda 100 at shs 100. per month.
after that orange to orange is 2Bob pmin
orange to ther networks is 3 bob per min all the time.
have had this line since. 2010 and seems Im not losing it soon.
Kenyans are peculiar indeed.
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Rank: Veteran Joined: 11/17/2009 Posts: 2,038 Location: GA
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They should seriously consider outsourcing sim card registration otherwise the crowds forming at those registration counters could be big turn off to many
Also an incentive would suffice like free airtime valid for a given duration what am seeing once you get the sim you may never use it until need arises like mobile money
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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madollar wrote:They should seriously consider outsourcing sim card registration otherwise the crowds forming at those registration counters could be big turn off to many
Also an incentive would suffice like free airtime valid for a given duration what am seeing once you get the sim you may never use it until need arises like mobile money If I'm not wrong, to get an equitel line presupposes that you have an equity account. So why do you have to register while your bank details are available and will suffice? I know its possible because when registration of sims started I was exempted from registering my safcom line as I was already an Mpesa customer.
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Rank: Veteran Joined: 5/5/2011 Posts: 1,059
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Equity and equitel are very fishy they don't let you know all charges eg they have not communicated about transfer to mpesa increase, even withdrawal charges not available on their site, most agents don't display that charge chart, what is the withdrawal rate at equity atm? And also for equity customers did they tell you they charge 500/- annual fees on your atm card? To Each His Own
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