[quote=Caveman]I bet this will be the next big thing after Mpesa.
http://www.businessdaily.../-/kkxxo2z/-/index.html[/quote]
Tough luck!! This is not an M-pesa peer, just a by-product like paybill or the better known flop , M-Kesho.
Safcom has nothing to do with M-swali; other than providing the m-pesa platform and bodies (subscribers) at a small shared fee.
Wishing CBA luck, but pointing out few facts:
1. If you default, they cannot call your contacts. That will be breach of confidentiality (on CBA's part) regardless of what their Tand C say. (the T and C are not superior to legislation.)
2. The cost of following up a default of couple of thousands will not be worthwhile. ask 'Member'.
3. The biggest dilemma by CBK is a growing population of defaulters who seem unfazed by CRB adverse listings. A good number of borrowers seem to be finding fame out of giving banks a piece of their trade.
But again, I wish cba luck.
On a light note: The launch had likes of Kajwang, jugu na dungu (any relation with kwa jugunas?) and githae. The only time such got together is the day before 'bullfighter karware spoke - if you get my drift.