Fintech | Digital Transformation
Tel: +254 713 601113
LinkedIn: Ali’s Profile <ke.linkedin.com/in/alihkassim>
Any information of a personal nature expressed in this email are purely
mine and do not necessarily reflect the official positions of the
organizations that I work with.
On Thu, Feb 16, 2023 at 3:06 PM Rafe Mazer <email@example.com> wrote:
> People may be interested to see how payments is being handled by the
> Central Bank of Brazil. Instant, fully interoperable, almost zero-cost.
> On Thu, Feb 16, 2023 at 1:09 AM Ali Hussein via KICTANet <
> firstname.lastname@example.org> wrote:
>> Payment fees are a race to zero. Brands have to layer on other
>> value-added services to keep our attention.
>> *Ali Hussein*
>> Fintech | Digital Transformation
>> Tel: +254 713 601113
>> Twitter: @AliHKassim
>> LinkedIn: Ali’s Profile <ke.linkedin.com/in/alihkassim>
>> Any information of a personal nature expressed in this email are purely
>> mine and do not necessarily reflect the official positions of the
>> organizations that I work with.
>> On Wed, Feb 15, 2023 at 5:02 PM Mwendwa Kivuva via KICTANet <
>> email@example.com> wrote:
>>> After introduction of Bank to M-pesa charges; ATMs got heir grove back.
>>> More people started withdrawing to pay cash
>>> to reduce their transaction costs.
>>> Now, I&M Bank has permanently dropped levy fees
>>> for transferring cash between its platform and mobile wallets, bucking the
>>> trend in the sector that has been reinstating the charges since January
>>> amid customer outcry. The move will save I&M customers between Sh10 and
>>> Sh65, the range the lender was charging after the Central Bank of Kenya
>>> (CBK) announced a return of charges on transactions between banks and
>>> mobile money wallets.
>>> Is the market adopting to consumer behaviour and correcting itself? What
>>> will the future look like on the cost of digital cash transfer charges?
>>> Best Regards,
>>> Mwendwa Kivuva, Nairobi, Kenya