Rank: New-farer Joined: 3/12/2014 Posts: 96
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KulaRaha wrote:This pesalink looks like a monumental failure, as expected!
Now its free for 2 months, telling us how useless it is.
Main issue is stupid banks have limited transfer to 70k...when it can handle upto 1m. Self defeating!!
Kenyans are peculiar,they tend to stick to a trusted service provider irrespective of costs.
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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penkon wrote:KulaRaha wrote:This pesalink looks like a monumental failure, as expected!
Now its free for 2 months, telling us how useless it is.
Main issue is stupid banks have limited transfer to 70k...when it can handle upto 1m. Self defeating!!
Kenyans are peculiar,they tend to stick to a trusted service provider irrespective of costs. No, I think the issue here is the bank imposed limits. Pesalink is for people with bank accounts, and thus should be used for transfers over the mpesa 70k limit. Banks in Kenya are blind. Business opportunities are like buses,there's always another one coming
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Rank: New-farer Joined: 3/12/2014 Posts: 96
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KulaRaha wrote:penkon wrote:KulaRaha wrote:This pesalink looks like a monumental failure, as expected!
Now its free for 2 months, telling us how useless it is.
Main issue is stupid banks have limited transfer to 70k...when it can handle upto 1m. Self defeating!!
Kenyans are peculiar,they tend to stick to a trusted service provider irrespective of costs. No, I think the issue here is the bank imposed limits. Pesalink is for people with bank accounts, and thus should be used for transfers over the mpesa 70k limit. Banks in Kenya are blind. So majority of Kenyans are unbanked ?
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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penkon wrote:KulaRaha wrote:penkon wrote:KulaRaha wrote:This pesalink looks like a monumental failure, as expected!
Now its free for 2 months, telling us how useless it is.
Main issue is stupid banks have limited transfer to 70k...when it can handle upto 1m. Self defeating!!
Kenyans are peculiar,they tend to stick to a trusted service provider irrespective of costs. No, I think the issue here is the bank imposed limits. Pesalink is for people with bank accounts, and thus should be used for transfers over the mpesa 70k limit. Banks in Kenya are blind. So majority of Kenyans are unbanked ? Actually, majority of mpesa users are unbanked. Pesalink was the banks' answer to mpesa for the ones with bank accounts. Half the banks didn't sign up, and those that did imposed useless limits rendering it impotent at the go. Now they've dropped charges, but its the unbanked who are cost conscious...they can't use Pesalink anyways. Kenyan banks are soooooooooooooo dumb.... Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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is Coop Bank in this platform? 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: 7/26/2007 Posts: 6,514
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Angelica _ann wrote:is Coop Bank in this platform? yes, when it works  Business opportunities are like buses,there's always another one coming
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Rank: Member Joined: 2/9/2012 Posts: 576
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So Banks world wide are playing catch up on person to person payments http://www.reuters.com/a...ents-zelle-idUSKBN1931C2Africa belongs to Africans.
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Rank: New-farer Joined: 3/12/2014 Posts: 96
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KulaRaha wrote:penkon wrote:KulaRaha wrote:penkon wrote:KulaRaha wrote:This pesalink looks like a monumental failure, as expected!
Now its free for 2 months, telling us how useless it is.
Main issue is stupid banks have limited transfer to 70k...when it can handle upto 1m. Self defeating!!
Kenyans are peculiar,they tend to stick to a trusted service provider irrespective of costs. No, I think the issue here is the bank imposed limits. Pesalink is for people with bank accounts, and thus should be used for transfers over the mpesa 70k limit. Banks in Kenya are blind. So majority of Kenyans are unbanked ? Actually, majority of mpesa users are unbanked. Pesalink was the banks' answer to mpesa for the ones with bank accounts. Half the banks didn't sign up, and those that did imposed useless limits rendering it impotent at the go. Now they've dropped charges, but its the unbanked who are cost conscious...they can't use Pesalink anyways. Kenyan banks are soooooooooooooo dumb.... lets wait for the Green monster to roll mpesa tap in all towns and see how the banked and unbanked will compete with cash flows in their ecosystems
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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Tap will have nil effect. Its a step backwards. Business opportunities are like buses,there's always another one coming
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Rank: Member Joined: 12/17/2016 Posts: 225
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KulaRaha wrote:Tap will have nil effect. Its a step backwards. I also wonder who advised them on that card....The uptke will be low; people are already burdened carrying many cards(Credit card, debit card, loyalty card... list goes on till one gets tired) Reflection Eternal
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