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Future of Safaricom - break up due to dominance!
Rank: Elder Joined: 2/26/2012 Posts: 15,980
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obiero wrote:Let us discuss pesalink.. I think it will dent the green monster What do you do with it? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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Let us discuss pesalink.. I think it will dent the green monster HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 12/17/2016 Posts: 225
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obiero wrote:Let us discuss pesalink.. I think it will dent the green monster Pesalink still slow in roll out / product ramp up. I haven't seen any communication from my bank on pesalink (my bank is stanbic). I think by now pesalink option should have been updated in banks mobile apps. And while at it, the banks should pull an MPESA equivalent of hakikisha-verification of receiver details before executing the transaction. Reflection Eternal
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Rank: Veteran Joined: 12/8/2009 Posts: 975 Location: Nairobi
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obiero wrote:Let us discuss pesalink.. I think it will dent the green monster KCB & SCB Wako ndani kabisa. Transfers from KCB were a bit expensive but with pesalink, its cheaper than mpesa. This will dent mpesa no matter how small You will know that you have arrived when money and time are not mutually exclusive "events" in you life!
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Rank: Veteran Joined: 8/16/2009 Posts: 994
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Flo-ology wrote:obiero wrote:Let us discuss pesalink.. I think it will dent the green monster Pesalink still slow in roll out / product ramp up. I haven't seen any communication from my bank on pesalink (my bank is stanbic). I think by now pesalink option should have been updated in banks mobile apps. And while at it, the banks should pull an MPESA equivalent of hakikisha-verification of receiver details before executing the transaction. Stanbic communicated last week. Pesa link is available on both mobile and internet banking applications. You have to register first though. I would like to see the charges first and compare with MPESA before deciding if it is worth the trouble. Quote:.Dear Customer, welcome to PesaLink. It is an additional service option on our Mobile banking for bank to bank transfers. You can deregister or register at any time based on your needs. T&Cs apply. Queries 0711068888. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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Gatheuzi wrote:Flo-ology wrote:obiero wrote:Let us discuss pesalink.. I think it will dent the green monster Pesalink still slow in roll out / product ramp up. I haven't seen any communication from my bank on pesalink (my bank is stanbic). I think by now pesalink option should have been updated in banks mobile apps. And while at it, the banks should pull an MPESA equivalent of hakikisha-verification of receiver details before executing the transaction. Stanbic communicated last week. Pesa link is available on both mobile and internet banking applications. You have to register first though. I would like to see the charges first and compare with MPESA before deciding if it is worth the trouble. Quote:.Dear Customer, welcome to PesaLink. It is an additional service option on our Mobile banking for bank to bank transfers. You can deregister or register at any time based on your needs. T&Cs apply. Queries 0711068888. 0-500 free, 500-500,000 KES 250, 500,001-999,999 KES 400 HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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obiero wrote:Gatheuzi wrote:Flo-ology wrote:obiero wrote:Let us discuss pesalink.. I think it will dent the green monster Pesalink still slow in roll out / product ramp up. I haven't seen any communication from my bank on pesalink (my bank is stanbic). I think by now pesalink option should have been updated in banks mobile apps. And while at it, the banks should pull an MPESA equivalent of hakikisha-verification of receiver details before executing the transaction. Stanbic communicated last week. Pesa link is available on both mobile and internet banking applications. You have to register first though. I would like to see the charges first and compare with MPESA before deciding if it is worth the trouble. Quote:.Dear Customer, welcome to PesaLink. It is an additional service option on our Mobile banking for bank to bank transfers. You can deregister or register at any time based on your needs. T&Cs apply. Queries 0711068888. 0-500 free, 500-500,000 KES 250, 500,001-999,999 KES 400 I bank with NIC used pesalink once it went through was sending cash to a BOA account,sending 10k was 80 bob...way cheaper as compared to sending the cash to my phone then using the BOA paybill thereafter...the next 2 attempts failed..NIC said there was something wrong with the system....hope its just teething problems,if they make it work perfectly it would be good...I personally would never use mpesa... possunt quia posse videntur
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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maka wrote:obiero wrote:Gatheuzi wrote:Flo-ology wrote:obiero wrote:Let us discuss pesalink.. I think it will dent the green monster Pesalink still slow in roll out / product ramp up. I haven't seen any communication from my bank on pesalink (my bank is stanbic). I think by now pesalink option should have been updated in banks mobile apps. And while at it, the banks should pull an MPESA equivalent of hakikisha-verification of receiver details before executing the transaction. Stanbic communicated last week. Pesa link is available on both mobile and internet banking applications. You have to register first though. I would like to see the charges first and compare with MPESA before deciding if it is worth the trouble. Quote:.Dear Customer, welcome to PesaLink. It is an additional service option on our Mobile banking for bank to bank transfers. You can deregister or register at any time based on your needs. T&Cs apply. Queries 0711068888. 0-500 free, 500-500,000 KES 250, 500,001-999,999 KES 400 I bank with NIC used pesalink once it went through was sending cash to a BOA account,sending 10k was 80 bob...way cheaper as compared to sending the cash to my phone then using the BOA paybill thereafter...the next 2 attempts failed..NIC said there was something wrong with the system....hope its just teething problems,if they make it work perfectly it would be good...I personally would never use mpesa... Indeed. To make matters worse, the banks now have direct connections to utility paybills such as kplc, nwsc, dstv.. If handled well, it could be a game changer HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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Here are the latest pesalink figures http://www.businessdaily...35656-untsxxz/index.html HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 8/10/2014 Posts: 969 Location: Kenya
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maka wrote:obiero wrote:Gatheuzi wrote:Flo-ology wrote:obiero wrote:Let us discuss pesalink.. I think it will dent the green monster Pesalink still slow in roll out / product ramp up. I haven't seen any communication from my bank on pesalink (my bank is stanbic). I think by now pesalink option should have been updated in banks mobile apps. And while at it, the banks should pull an MPESA equivalent of hakikisha-verification of receiver details before executing the transaction. Stanbic communicated last week. Pesa link is available on both mobile and internet banking applications. You have to register first though. I would like to see the charges first and compare with MPESA before deciding if it is worth the trouble. Quote:.Dear Customer, welcome to PesaLink. It is an additional service option on our Mobile banking for bank to bank transfers. You can deregister or register at any time based on your needs. T&Cs apply. Queries 0711068888. 0-500 free, 500-500,000 KES 250, 500,001-999,999 KES 400 I bank with NIC used pesalink once it went through was sending cash to a BOA account,sending 10k was 80 bob...way cheaper as compared to sending the cash to my phone then using the BOA paybill thereafter...the next 2 attempts failed..NIC said there was something wrong with the system....hope its just teething problems,if they make it work perfectly it would be good...I personally would never use mpesa... This will be the best to move large amounts of money. SMEs will be biggest benefitiaries coz it makes giving and receiving large payments so much easier
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Rank: Member Joined: 12/17/2016 Posts: 225
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Gatheuzi wrote:Flo-ology wrote:obiero wrote:Let us discuss pesalink.. I think it will dent the green monster Pesalink still slow in roll out / product ramp up. I haven't seen any communication from my bank on pesalink (my bank is stanbic). I think by now pesalink option should have been updated in banks mobile apps. And while at it, the banks should pull an MPESA equivalent of hakikisha-verification of receiver details before executing the transaction. Stanbic communicated last week. Pesa link is available on both mobile and internet banking applications. You have to register first though. I would like to see the charges first and compare with MPESA before deciding if it is worth the trouble. Quote:.Dear Customer, welcome to PesaLink. It is an additional service option on our Mobile banking for bank to bank transfers. You can deregister or register at any time based on your needs. T&Cs apply. Queries 0711068888. Thanks. Will visit my branch to register/update mobile banking app menu Reflection Eternal
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Rank: New-farer Joined: 3/12/2014 Posts: 96
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Flo-ology wrote:Gatheuzi wrote:Flo-ology wrote:obiero wrote:Let us discuss pesalink.. I think it will dent the green monster Pesalink still slow in roll out / product ramp up. I haven't seen any communication from my bank on pesalink (my bank is stanbic). I think by now pesalink option should have been updated in banks mobile apps. And while at it, the banks should pull an MPESA equivalent of hakikisha-verification of receiver details before executing the transaction. Stanbic communicated last week. Pesa link is available on both mobile and internet banking applications. You have to register first though. I would like to see the charges first and compare with MPESA before deciding if it is worth the trouble. Quote:.Dear Customer, welcome to PesaLink. It is an additional service option on our Mobile banking for bank to bank transfers. You can deregister or register at any time based on your needs. T&Cs apply. Queries 0711068888. Thanks. Will visit my branch to register/update mobile banking app menu lets wait for a cash flight triggered by social media to see its agility
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Rank: Veteran Joined: 5/5/2011 Posts: 1,059
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Can see pesalink claim to have 3.5m customers, but tight liped on number of transactions, or amounts moved. Safaricom mpesa now giving transaction cost before you complete the transaction, very nice. Does the mpesa work without a simcard for those outside the country maybe? Seems everyone is trying to get a piece of mpesa, equitys' Dr Mwangi wants to take 50% in 5 years, while the banks combined want to dent it too, I still don't see or know how splitting safaricom will help the competition? Hellios said they shall be repackaging or rethinking orange money and Airtel money is still struggling, so far only equitel is making progress although CA called them out lately for inflating subscribers numbers. Finally did safaricom start getting paid for the security cameras by GoK? To Each His Own
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Rank: Elder Joined: 12/4/2009 Posts: 10,699 Location: NAIROBI
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kayhara wrote: Can see pesalink claim to have 3.5m customers, but tight liped on number of transactions, or amounts moved. Safaricom mpesa now giving transaction cost before you complete the transaction, very nice. Does the mpesa work without a simcard for those outside the country maybe? Seems everyone is trying to get a piece of mpesa, equitys' Dr Mwangi wants to take 50% in 5 years, while the banks combined want to dent it too, I still don't see or know how splitting safaricom will help the competition? Hellios said they shall be repackaging or rethinking orange money and Airtel money is still struggling, so far only equitel is making progress although CA called them out lately for inflating subscribers numbers. Finally did safaricom start getting paid for the security cameras by GoK? They were paid the first instalment of ksh.3.4bn Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: New-farer Joined: 3/12/2014 Posts: 96
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obiero wrote:Let us discuss pesalink.. I think it will dent the green monster pesalink to waive all charges -free upto 999,999/-
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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penkon wrote:obiero wrote:Let us discuss pesalink.. I think it will dent the green monster pesalink to waive all charges -free upto 999,999/- Same old tired game plan ...so then how will the banks benefit In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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penkon wrote:obiero wrote:Let us discuss pesalink.. I think it will dent the green monster pesalink to waive all charges -free upto 999,999/- unless there is a good number of small agents all over the country, everything will fail....any money system based on a bank account and ignoring the mobile phone will fail terribly....let all banks buy equitys mvno and roll a joint front "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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Angelica _ann wrote:penkon wrote:obiero wrote:Let us discuss pesalink.. I think it will dent the green monster pesalink to waive all charges -free upto 999,999/- Same old tired game plan ...so then how will the banks benefit The end point fee HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 1/27/2012 Posts: 851 Location: Nairobi
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Angelica _ann wrote:penkon wrote:obiero wrote:Let us discuss pesalink.. I think it will dent the green monster pesalink to waive all charges -free upto 999,999/- Same old tired game plan ...so then how will the banks benefit Marketing! They hook you up and once you get used to it & experienced the convenience, they start charging. I use it frequently and I'm loving it! Hardly do I queue in the banking halls.
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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mkeiy wrote:Angelica _ann wrote:penkon wrote:obiero wrote:Let us discuss pesalink.. I think it will dent the green monster pesalink to waive all charges -free upto 999,999/- Same old tired game plan ...so then how will the banks benefit Marketing! They hook you up and once you get used to it & experienced the convenience, they start charging. I use it frequently and I'm loving it! Hardly do I queue in the banking halls. True.. HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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