Its in the news that I&M are running an online merchant service, someone tell me which site they are running it from and also clarify if its true that you need Kshs. 500,000 to use the service, I got that from a friend i was chatting with a while ago before the service was officially launched. David. -- ------------- http://blog.majibu.com
http://www.businessdailyafrica.com/Company%20Industry/-/539550/846494/-/t4kt... --- On Thu, 1/21/10, David Mugo <raidarmax@gmail.com> wrote: From: David Mugo <raidarmax@gmail.com> Subject: [Skunkworks] I&M Online Merchant Services To: "Skunkworks forum" <skunkworks@lists.my.co.ke>, "skunkworks" <skunkworks@my.co.ke> Date: Thursday, January 21, 2010, 1:02 PM Its in the news that I&M are running an online merchant service, someone tell me which site they are running it from and also clarify if its true that you need Kshs. 500,000 to use the service, I got that from a friend i was chatting with a while ago before the service was officially launched. David. -- ------------- http://blog.majibu.com -----Inline Attachment Follows----- _______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks ------------ Skunkworks Server donations spreadsheet http://spreadsheets.google.com/ccc?key=0AopdHkqSqKL-dHlQVTMxU1VBdU1BSWJxdy1f... ------------ Skunkworks Rules http://my.co.ke/phpbb/viewtopic.php?f=24&t=94 ------------ Other services @ http://my.co.ke Other lists ------------- Announce: http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks-announce Science: http://lists.my.co.ke/cgi-bin/mailman/listinfo/science kazi: http://lists.my.co.ke/cgi-bin/mailman/admin/kazi/general
Hi David They launched the service and I believe they are using JamboPay gateway, Maybe WebTribe can help.
https://jambopay.com has more info on what you need. On Thu, Jan 21, 2010 at 2:19 PM, Clement Ongera <cnongera@gmail.com> wrote:
Hi David They launched the service and I believe they are using JamboPay gateway, Maybe WebTribe can help. _______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks ------------ Skunkworks Server donations spreadsheet
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I think I&M are on a Visa deal gateway while Jambopay is something else? Though I've not gone into details, I'm starting to get concerned that most payment gateway developers are not working on "credit type service" but on " debit type service". Which to me seems that kenyans are going to be denied credit facilities on payments, which is as good as buying cash. If this is the case, we really have not achieved much then. Credit is important and runs economies, credit ratings will help develop other systems for eg larger purchases. For a merchant account with I & M, it will be interesting to know whether they place " risk " to merchants and what rates do they peg the transactions to? 3-5% is quite high, ( you might as well do some online high risk porn business in the nevada desert at such rates! ) I also think we finally will have online stores that must have legit companies to do business with, so for users purchasing via Visa ( and gateway via I & M ), the transaction will be secure. I think it is only mpesa types of services etc that are being exploited by online but non-existent entities. Lets see what happens, early days and info with details is lacking at the moment .. Me thots :-)
They have not given any figures yet. I think it varies from business to business and there are many factors they have to take into consideration among other things your projected volume of business,type of business and what you are selling. If you have an e-commerce site go to them ...they are very helpful they will give you all the information you need. On Thu, Jan 21, 2010 at 3:55 PM, aki <aki275@googlemail.com> wrote:
I think I&M are on a Visa deal gateway while Jambopay is something else?
Though I've not gone into details, I'm starting to get concerned that most payment gateway developers are not working on "credit type service" but on " debit type service". Which to me seems that kenyans are going to be denied credit facilities on payments, which is as good as buying cash. If this is the case, we really have not achieved much then. Credit is important and runs economies, credit ratings will help develop other systems for eg larger purchases. For a merchant account with I & M, it will be interesting to know whether they place " risk " to merchants and what rates do they peg the transactions to? 3-5% is quite high, ( you might as well do some online high risk porn business in the nevada desert at such rates! )
I also think we finally will have online stores that must have legit companies to do business with, so for users purchasing via Visa ( and gateway via I & M ), the transaction will be secure. I think it is only mpesa types of services etc that are being exploited by online but non-existent entities.
Lets see what happens, early days and info with details is lacking at the moment .. Me thots :-)
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participants (6)
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aki -
Clement Ongera -
David Mugo -
Haggai Nyang -
Joseph McDonald -
wesley kirinya