Hi Mugo, Great work. few points.<div><br></div><div>Is it possible to strike a deal with local banks to issues some form of merchant accounts that allow traders to receive online payments, Im thinking of a system that works as follows:-</div>
<div><br></div><div><b><span class="Apple-style-span" style="text-decoration: underline;">Authentication</span></b></div><div>1.Client decides to purchase online and inputs Mpesa/Zap  information.</div><div>2. Processing service routes mpesa information to relevant telecom company ie Safcom,Zain, Yu for authentication.</div>
<div>3.Processing service sends response to merchant site which then accepts or rejects purchase.</div><div><br></div><div><b><span class="Apple-style-span" style="text-decoration: underline;">Payment</span></b></div><div>
1. Merchant company requests settlement from processing service.</div><div>2. Processing service invoices appropriate telecom company</div><div>3. Telecom company transfers money to merchant company&#39;s bank and processing company gets it&#39;s agreed processing fee.</div>
<div><br></div><div><b><span class="Apple-style-span" style="text-decoration: underline;">Advantages</span></b></div><div><ul><li>By making transfers to merchant companies bank account, the company does not face limits it would face if money was being transfered to a phone.</li>
<li>This system would allow clients to make purchases online using mobile money details they already have, making the system open to all 8million mobile money users in the country.</li><li>By making transaction fees as a % of sales, it allows you as the processing service to get commission commiserate with volume of transactions handled </li>
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