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Future of Safaricom - break up due to dominance!
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Flo-ology
#231 Posted : Monday, May 22, 2017 8:05:09 PM
Rank: Member

Joined: 12/17/2016
Posts: 225
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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penkon
#232 Posted : Tuesday, May 23, 2017 11:07:13 AM
Rank: New-farer

Joined: 3/12/2014
Posts: 96
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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kayhara
#233 Posted : Tuesday, May 23, 2017 9:42:10 PM
Rank: Veteran

Joined: 5/5/2011
Posts: 1,059
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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Ericsson
#234 Posted : Tuesday, May 23, 2017 9:58:49 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
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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penkon
#235 Posted : Wednesday, June 07, 2017 10:57:51 AM
Rank: New-farer

Joined: 3/12/2014
Posts: 96
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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Angelica _ann
#236 Posted : Wednesday, June 07, 2017 11:14:56 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
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 smile
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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mlennyma
#237 Posted : Wednesday, June 07, 2017 1:06:39 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
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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obiero
#238 Posted : Wednesday, June 07, 2017 4:54:15 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
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 smile

The end point fee

KQ ABP 4.26
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mkeiy
#239 Posted : Wednesday, June 07, 2017 7:42:21 PM
Rank: Member

Joined: 1/27/2012
Posts: 851
Location: Nairobi
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 smile


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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obiero
#240 Posted : Wednesday, June 07, 2017 8:15:58 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
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 smile


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..

KQ ABP 4.26
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