Equitel - M-Pesa battle heats up as Safaricom raises M-Pesa termination fees
Equitel has silently hiked up the amount it charges to send money to M-Pesa, leading to a rise of more than 100% and even 200% depending on the amount you are sending. Equity Bank says it charges remain about KSh. 30, but the extra costs are what Safaricom is levying them to accept M-Pesa deposits from Equitel http://www.infotake.co.ke/2015/08/equitel-users-silently-hit-by-100.html -- with Regards: blog.denniskioko.com <http://www.denniskioko.com/>
I find it suspicious that Equitel did the price increment silently. Do we not have laws compelling service providers especially those of mass products to announce increments just as loudly as they announce entry into the market? From: Dennis Kioko via skunkworks [mailto:skunkworks@lists.my.co.ke] Sent: Friday, August 21, 2015 1:02 PM To: Skunkworks forum <skunkworks@lists.my.co.ke> Subject: [Skunkworks] Equitel - M-Pesa battle heats up as Safaricom raises M-Pesa termination fees Equitel has silently hiked up the amount it charges to send money to M-Pesa, leading to a rise of more than 100% and even 200% depending on the amount you are sending. Equity Bank says it charges remain about KSh. 30, but the extra costs are what Safaricom is levying them to accept M-Pesa deposits from Equitel http://www.infotake.co.ke/2015/08/equitel-users-silently-hit-by-100.html -- with Regards: blog.denniskioko.com <http://www.denniskioko.com/>
Game shot! Equitel doomed! Didn't they see this coming? On Aug 21, 2015 1:05 PM, "Dennis Kioko via skunkworks" < skunkworks@lists.my.co.ke> wrote:
Equitel has silently hiked up the amount it charges to send money to M-Pesa, leading to a rise of more than 100% and even 200% depending on the amount you are sending.
Equity Bank says it charges remain about KSh. 30, but the extra costs are what Safaricom is levying them to accept M-Pesa deposits from Equitel http://www.infotake.co.ke/2015/08/equitel-users-silently-hit-by-100.html
-- with Regards:
blog.denniskioko.com <http://www.denniskioko.com/>
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KABOOM!!! But remember Equity has access its own agency network + Airtel Money. Limitation will be to just it's own customers Kind Regards, Kennedy KK Mobile: +254-721-699119 / +254-20-5283207 Skype: k.kairu Gtalk: kkairu On Fri, Aug 21, 2015 at 1:45 PM, Alvin Jason Ochieng via skunkworks < skunkworks@lists.my.co.ke> wrote:
Game shot!
Equitel doomed! Didn't they see this coming? On Aug 21, 2015 1:05 PM, "Dennis Kioko via skunkworks" < skunkworks@lists.my.co.ke> wrote:
Equitel has silently hiked up the amount it charges to send money to M-Pesa, leading to a rise of more than 100% and even 200% depending on the amount you are sending.
Equity Bank says it charges remain about KSh. 30, but the extra costs are what Safaricom is levying them to accept M-Pesa deposits from Equitel http://www.infotake.co.ke/2015/08/equitel-users-silently-hit-by-100.html
-- with Regards:
blog.denniskioko.com <http://www.denniskioko.com/>
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BTW, is this increase to Equitel only??? I am looking at bank to MPESA transfers Kind Regards, Kennedy KK Mobile: +254-721-699119 / +254-20-5283207 Skype: k.kairu Gtalk: kkairu On Fri, Aug 21, 2015 at 1:49 PM, Kennedy Kairu Kariuki <kkairu@gmail.com> wrote:
KABOOM!!!
But remember Equity has access its own agency network + Airtel Money. Limitation will be to just it's own customers
Kind Regards,
Kennedy KK
Mobile: +254-721-699119 / +254-20-5283207 Skype: k.kairu Gtalk: kkairu
On Fri, Aug 21, 2015 at 1:45 PM, Alvin Jason Ochieng via skunkworks < skunkworks@lists.my.co.ke> wrote:
Game shot!
Equitel doomed! Didn't they see this coming? On Aug 21, 2015 1:05 PM, "Dennis Kioko via skunkworks" < skunkworks@lists.my.co.ke> wrote:
Equitel has silently hiked up the amount it charges to send money to M-Pesa, leading to a rise of more than 100% and even 200% depending on the amount you are sending.
Equity Bank says it charges remain about KSh. 30, but the extra costs are what Safaricom is levying them to accept M-Pesa deposits from Equitel http://www.infotake.co.ke/2015/08/equitel-users-silently-hit-by-100.html
-- with Regards:
blog.denniskioko.com <http://www.denniskioko.com/>
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KKK, Without Safaricom subscribers ....DEATH ! On Fri, Aug 21, 2015 at 1:52 PM, Kennedy Kairu Kariuki <kkairu@gmail.com> wrote:
BTW, is this increase to Equitel only??? I am looking at bank to MPESA transfers
Kind Regards,
Kennedy KK
Mobile: +254-721-699119 / +254-20-5283207 Skype: k.kairu Gtalk: kkairu
On Fri, Aug 21, 2015 at 1:49 PM, Kennedy Kairu Kariuki <kkairu@gmail.com> wrote:
KABOOM!!!
But remember Equity has access its own agency network + Airtel Money. Limitation will be to just it's own customers
Kind Regards,
Kennedy KK
Mobile: +254-721-699119 / +254-20-5283207 Skype: k.kairu Gtalk: kkairu
On Fri, Aug 21, 2015 at 1:45 PM, Alvin Jason Ochieng via skunkworks < skunkworks@lists.my.co.ke> wrote:
Game shot!
Equitel doomed! Didn't they see this coming? On Aug 21, 2015 1:05 PM, "Dennis Kioko via skunkworks" < skunkworks@lists.my.co.ke> wrote:
Equitel has silently hiked up the amount it charges to send money to M-Pesa, leading to a rise of more than 100% and even 200% depending on the amount you are sending.
Equity Bank says it charges remain about KSh. 30, but the extra costs are what Safaricom is levying them to accept M-Pesa deposits from Equitel http://www.infotake.co.ke/2015/08/equitel-users-silently-hit-by-100.html
-- with Regards:
blog.denniskioko.com <http://www.denniskioko.com/>
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-- ALVIN OCHOLA 0722-313923 www.greenline.co.ke
Who's being punished here? Equitel or you and I, the consumer? On Fri, Aug 21, 2015 at 2:01 PM, Alvin Jason Ochieng via skunkworks < skunkworks@lists.my.co.ke> wrote:
KKK,
Without Safaricom subscribers ....DEATH !
On Fri, Aug 21, 2015 at 1:52 PM, Kennedy Kairu Kariuki <kkairu@gmail.com> wrote:
BTW, is this increase to Equitel only??? I am looking at bank to MPESA transfers
Kind Regards,
Kennedy KK
Mobile: +254-721-699119 / +254-20-5283207 Skype: k.kairu Gtalk: kkairu
On Fri, Aug 21, 2015 at 1:49 PM, Kennedy Kairu Kariuki <kkairu@gmail.com> wrote:
KABOOM!!!
But remember Equity has access its own agency network + Airtel Money. Limitation will be to just it's own customers
Kind Regards,
Kennedy KK
Mobile: +254-721-699119 / +254-20-5283207 Skype: k.kairu Gtalk: kkairu
On Fri, Aug 21, 2015 at 1:45 PM, Alvin Jason Ochieng via skunkworks < skunkworks@lists.my.co.ke> wrote:
Game shot!
Equitel doomed! Didn't they see this coming? On Aug 21, 2015 1:05 PM, "Dennis Kioko via skunkworks" < skunkworks@lists.my.co.ke> wrote:
Equitel has silently hiked up the amount it charges to send money to M-Pesa, leading to a rise of more than 100% and even 200% depending on the amount you are sending.
Equity Bank says it charges remain about KSh. 30, but the extra costs are what Safaricom is levying them to accept M-Pesa deposits from Equitel http://www.infotake.co.ke/2015/08/equitel-users-silently-hit-by-100.html
-- with Regards:
blog.denniskioko.com <http://www.denniskioko.com/>
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-- ALVIN OCHOLA 0722-313923 www.greenline.co.ke
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StanChart still at 75/- Kind Regards, Kennedy KK Mobile: +254-721-699119 / +254-20-5283207 Skype: k.kairu Gtalk: kkairu On Fri, Aug 21, 2015 at 2:06 PM, Bwana Lawi via skunkworks < skunkworks@lists.my.co.ke> wrote:
Who's being punished here? Equitel or you and I, the consumer?
On Fri, Aug 21, 2015 at 2:01 PM, Alvin Jason Ochieng via skunkworks < skunkworks@lists.my.co.ke> wrote:
KKK,
Without Safaricom subscribers ....DEATH !
On Fri, Aug 21, 2015 at 1:52 PM, Kennedy Kairu Kariuki <kkairu@gmail.com> wrote:
BTW, is this increase to Equitel only??? I am looking at bank to MPESA transfers
Kind Regards,
Kennedy KK
Mobile: +254-721-699119 / +254-20-5283207 Skype: k.kairu Gtalk: kkairu
On Fri, Aug 21, 2015 at 1:49 PM, Kennedy Kairu Kariuki <kkairu@gmail.com
wrote:
KABOOM!!!
But remember Equity has access its own agency network + Airtel Money. Limitation will be to just it's own customers
Kind Regards,
Kennedy KK
Mobile: +254-721-699119 / +254-20-5283207 Skype: k.kairu Gtalk: kkairu
On Fri, Aug 21, 2015 at 1:45 PM, Alvin Jason Ochieng via skunkworks < skunkworks@lists.my.co.ke> wrote:
Game shot!
Equitel doomed! Didn't they see this coming? On Aug 21, 2015 1:05 PM, "Dennis Kioko via skunkworks" < skunkworks@lists.my.co.ke> wrote:
Equitel has silently hiked up the amount it charges to send money to M-Pesa, leading to a rise of more than 100% and even 200% depending on the amount you are sending.
Equity Bank says it charges remain about KSh. 30, but the extra costs are what Safaricom is levying them to accept M-Pesa deposits from Equitel http://www.infotake.co.ke/2015/08/equitel-users-silently-hit-by-100.html
-- with Regards:
blog.denniskioko.com <http://www.denniskioko.com/>
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-- ALVIN OCHOLA 0722-313923 www.greenline.co.ke
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I notice when sending from Equity bank Acc to Mpesa I was charged 120 sh for 10,000 sh transfer. This is punitive to the customer. Regards, Job Muriuki, Skype: heviejob On Fri, Aug 21, 2015 at 2:13 PM, Kennedy Kairu Kariuki via skunkworks < skunkworks@lists.my.co.ke> wrote:
StanChart still at 75/-
Kind Regards,
Kennedy KK
Mobile: +254-721-699119 / +254-20-5283207 Skype: k.kairu Gtalk: kkairu
On Fri, Aug 21, 2015 at 2:06 PM, Bwana Lawi via skunkworks < skunkworks@lists.my.co.ke> wrote:
Who's being punished here? Equitel or you and I, the consumer?
On Fri, Aug 21, 2015 at 2:01 PM, Alvin Jason Ochieng via skunkworks < skunkworks@lists.my.co.ke> wrote:
KKK,
Without Safaricom subscribers ....DEATH !
On Fri, Aug 21, 2015 at 1:52 PM, Kennedy Kairu Kariuki <kkairu@gmail.com
wrote:
BTW, is this increase to Equitel only??? I am looking at bank to MPESA transfers
Kind Regards,
Kennedy KK
Mobile: +254-721-699119 / +254-20-5283207 Skype: k.kairu Gtalk: kkairu
On Fri, Aug 21, 2015 at 1:49 PM, Kennedy Kairu Kariuki < kkairu@gmail.com> wrote:
KABOOM!!!
But remember Equity has access its own agency network + Airtel Money. Limitation will be to just it's own customers
Kind Regards,
Kennedy KK
Mobile: +254-721-699119 / +254-20-5283207 Skype: k.kairu Gtalk: kkairu
On Fri, Aug 21, 2015 at 1:45 PM, Alvin Jason Ochieng via skunkworks < skunkworks@lists.my.co.ke> wrote:
Game shot!
Equitel doomed! Didn't they see this coming? On Aug 21, 2015 1:05 PM, "Dennis Kioko via skunkworks" < skunkworks@lists.my.co.ke> wrote:
> Equitel has silently hiked up the amount it charges to send money to > M-Pesa, leading to a rise of more than 100% and even 200% depending on the > amount you are sending. > > Equity Bank says it charges remain about KSh. 30, but the extra > costs are what Safaricom is levying them to accept M-Pesa deposits from > Equitel > http://www.infotake.co.ke/2015/08/equitel-users-silently-hit-by-100.html > > > -- > with Regards: > > blog.denniskioko.com <http://www.denniskioko.com/> > > > > _______________________________________________ > skunkworks mailing list > skunkworks@lists.my.co.ke > ------------ > List info, subscribe/unsubscribe > http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks > ------------ > > Skunkworks Rules > http://my.co.ke/phpbb/viewtopic.php?f=24&t=94 > ------------ > Other services @ http://my.co.ke >
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Following up on this discussion … seems Safaricom has withdrawn the increase in fees on Equitel customers. http://www.juuchini.com/2015/09/safaricom-has-withdrawn-increased-charges-im...
On 21 Aug 2015, at 7:28 PM, Job Muriuki via skunkworks <skunkworks@lists.my.co.ke> wrote:
I notice when sending from Equity bank Acc to Mpesa I was charged 120 sh for 10,000 sh transfer. This is punitive to the customer.
Regards, Job Muriuki,
Skype: heviejob
On Fri, Aug 21, 2015 at 2:13 PM, Kennedy Kairu Kariuki via skunkworks <skunkworks@lists.my.co.ke <mailto:skunkworks@lists.my.co.ke>> wrote: StanChart still at 75/-
Kind Regards,
Kennedy KK
Mobile: +254-721-699119 <tel:%2B254-721-699119> / +254-20-5283207 <tel:%2B254-20-5283207> Skype: k.kairu Gtalk: kkairu
On Fri, Aug 21, 2015 at 2:06 PM, Bwana Lawi via skunkworks <skunkworks@lists.my.co.ke <mailto:skunkworks@lists.my.co.ke>> wrote: Who's being punished here? Equitel or you and I, the consumer?
On Fri, Aug 21, 2015 at 2:01 PM, Alvin Jason Ochieng via skunkworks <skunkworks@lists.my.co.ke <mailto:skunkworks@lists.my.co.ke>> wrote: KKK,
Without Safaricom subscribers ....DEATH !
On Fri, Aug 21, 2015 at 1:52 PM, Kennedy Kairu Kariuki <kkairu@gmail.com <mailto:kkairu@gmail.com>> wrote: BTW, is this increase to Equitel only??? I am looking at bank to MPESA transfers
Kind Regards,
Kennedy KK
Mobile: +254-721-699119 <tel:%2B254-721-699119> / +254-20-5283207 <tel:%2B254-20-5283207> Skype: k.kairu Gtalk: kkairu
On Fri, Aug 21, 2015 at 1:49 PM, Kennedy Kairu Kariuki <kkairu@gmail.com <mailto:kkairu@gmail.com>> wrote: KABOOM!!!
But remember Equity has access its own agency network + Airtel Money. Limitation will be to just it's own customers
Kind Regards,
Kennedy KK
Mobile: +254-721-699119 <tel:%2B254-721-699119> / +254-20-5283207 <tel:%2B254-20-5283207> Skype: k.kairu Gtalk: kkairu
On Fri, Aug 21, 2015 at 1:45 PM, Alvin Jason Ochieng via skunkworks <skunkworks@lists.my.co.ke <mailto:skunkworks@lists.my.co.ke>> wrote: Game shot!
Equitel doomed! Didn't they see this coming?
On Aug 21, 2015 1:05 PM, "Dennis Kioko via skunkworks" <skunkworks@lists.my.co.ke <mailto:skunkworks@lists.my.co.ke>> wrote: Equitel has silently hiked up the amount it charges to send money to M-Pesa, leading to a rise of more than 100% and even 200% depending on the amount you are sending.
Equity Bank says it charges remain about KSh. 30, but the extra costs are what Safaricom is levying them to accept M-Pesa deposits from Equitel http://www.infotake.co.ke/2015/08/equitel-users-silently-hit-by-100.html <http://www.infotake.co.ke/2015/08/equitel-users-silently-hit-by-100.html>
-- with Regards:
blog.denniskioko.com <http://www.denniskioko.com/>
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All my bank to Mpesa transfers from NIC bank have also increased. Used to be 66 now I think its 69. I hear the Kenya Bankers are also in the drawing board to cut down Mpesa influence. ./Ok3ch On Fri, Aug 21, 2015 at 11:52 AM, Kennedy Kairu Kariuki via skunkworks < skunkworks@lists.my.co.ke> wrote:
BTW, is this increase to Equitel only??? I am looking at bank to MPESA transfers
Kind Regards,
Kennedy KK
Mobile: +254-721-699119 / +254-20-5283207 Skype: k.kairu Gtalk: kkairu
On Fri, Aug 21, 2015 at 1:49 PM, Kennedy Kairu Kariuki <kkairu@gmail.com> wrote:
KABOOM!!!
But remember Equity has access its own agency network + Airtel Money. Limitation will be to just it's own customers
Kind Regards,
Kennedy KK
Mobile: +254-721-699119 / +254-20-5283207 Skype: k.kairu Gtalk: kkairu
On Fri, Aug 21, 2015 at 1:45 PM, Alvin Jason Ochieng via skunkworks < skunkworks@lists.my.co.ke> wrote:
Game shot!
Equitel doomed! Didn't they see this coming? On Aug 21, 2015 1:05 PM, "Dennis Kioko via skunkworks" < skunkworks@lists.my.co.ke> wrote:
Equitel has silently hiked up the amount it charges to send money to M-Pesa, leading to a rise of more than 100% and even 200% depending on the amount you are sending.
Equity Bank says it charges remain about KSh. 30, but the extra costs are what Safaricom is levying them to accept M-Pesa deposits from Equitel http://www.infotake.co.ke/2015/08/equitel-users-silently-hit-by-100.html
-- with Regards:
blog.denniskioko.com <http://www.denniskioko.com/>
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Okech, Its across the board. Noticed KCB / SCB too .. silently On Fri, Aug 21, 2015 at 2:02 PM, Okechukwu <okechukwu@gmail.com> wrote:
All my bank to Mpesa transfers from NIC bank have also increased. Used to be 66 now I think its 69. I hear the Kenya Bankers are also in the drawing board to cut down Mpesa influence.
./Ok3ch
On Fri, Aug 21, 2015 at 11:52 AM, Kennedy Kairu Kariuki via skunkworks < skunkworks@lists.my.co.ke> wrote:
BTW, is this increase to Equitel only??? I am looking at bank to MPESA transfers
Kind Regards,
Kennedy KK
Mobile: +254-721-699119 / +254-20-5283207 Skype: k.kairu Gtalk: kkairu
On Fri, Aug 21, 2015 at 1:49 PM, Kennedy Kairu Kariuki <kkairu@gmail.com> wrote:
KABOOM!!!
But remember Equity has access its own agency network + Airtel Money. Limitation will be to just it's own customers
Kind Regards,
Kennedy KK
Mobile: +254-721-699119 / +254-20-5283207 Skype: k.kairu Gtalk: kkairu
On Fri, Aug 21, 2015 at 1:45 PM, Alvin Jason Ochieng via skunkworks < skunkworks@lists.my.co.ke> wrote:
Game shot!
Equitel doomed! Didn't they see this coming? On Aug 21, 2015 1:05 PM, "Dennis Kioko via skunkworks" < skunkworks@lists.my.co.ke> wrote:
Equitel has silently hiked up the amount it charges to send money to M-Pesa, leading to a rise of more than 100% and even 200% depending on the amount you are sending.
Equity Bank says it charges remain about KSh. 30, but the extra costs are what Safaricom is levying them to accept M-Pesa deposits from Equitel http://www.infotake.co.ke/2015/08/equitel-users-silently-hit-by-100.html
-- with Regards:
blog.denniskioko.com <http://www.denniskioko.com/>
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-- ALVIN OCHOLA 0722-313923 www.greenline.co.ke
*2015-08-21 14:02 GMT+03:00 Okechukwu via skunkworks <skunkworks@lists.my.co.ke <skunkworks@lists.my.co.ke>>:*
*All my bank to Mpesa transfers from NIC bank have also increased. Used to be 66 now I think its 69.*
@Okech, its from 66.00 to 69.30. A 5% increment. I noticed the same in mid July. Tony.
participants (9)
-
Alvin Jason Ochieng -
Bwana Lawi -
Dennis Kioko -
George Irungu -
Job Muriuki -
Kennedy Kairu Kariuki -
King'ori Maina -
Okechukwu -
Tony Likhanga