The reality of Mobile Money interoperability is finally here

Ali,

This is good news. Any more details on this especially regarding timelines?

Rgds

On Sat, Jan 20, 2018 at 7:12 AM, Ali Hussein via kictanet <
[email protected]> wrote:

> Listers
>
> Interesting development. The Telco sector with policy push from MOICT is
> finally testing interoperability of Mobile Money across Networks. This is a
> step in the right direction. This list has long advocated for this. It is
> gratifying to see that this is happening now. Kudos to MOICT and CS Mucheru
> for pushing this through. Kudos to the telcos for making it happen.
>
> I\’m however curious as to the headline of the story:-
>
> Mobile Money deal spells doom to M-Pesa
>
>
> Interoperability may very well cement and increase M-Pesa\’s dominance in
> the space. This battle is not going to be won on the promise of withdrawing
> and sending money. Increasingly people want convenience beyond cash-outs
> and peer to peer transfers. The players who will win are those who
> understand and execute the following:-
>
> 1. Super Focus on the customer
> 2. A one stop shop Virtual Bank – Payments, deposits, savings etc.
> 3. Brand Equity built on the principle that the customer ALWAYS comes
> first.
>
> My sense is that the interoperability \’promise\’ for laggard brands will go
> the way of the Number Porting Promise. There is no short cut to succeeding
> in business and serving your customer with excellence. For those expecting
> the government to help them vanquish their business rivals they have a long
> way to wait..
>
> The winner here is the customer. The price for the telcos and other mobile
> money service provider is that you now have a level playing field.. Sort
> of.. 🙂
>
>
> *Ali Hussein*
>
> *Principal*
>
> *Hussein & Associates*
>
>
>
> Tel: +254 713 601113
>
> Twitter: @AliHKassim
>
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>
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>
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