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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: 14,211 Location: nairobi
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Let us discuss pesalink.. I think it will dent the green monster
KQ ABP 4.26
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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: 14,211 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
KQ ABP 4.26
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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: 14,211 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
KQ ABP 4.26
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Rank: Elder Joined: 6/23/2009 Posts: 14,211 Location: nairobi
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Rank: Veteran Joined: 8/10/2014 Posts: 992 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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