Orange and Yu in money transfer
Hi guys, I think soon banks will be obsolete with this trend in Kenya of Phone companies getting into this business ... or is it just extra cash?? http://www.businessdailyafrica.com/Company%20Industry/-/539550/617396/-/u9k8... -- Watson wanjohi kambo
While banks will not be obsolete per se seeing that they provide many more services apart from money tranfer, their money transfer servicies will face stiff competition with Mobile Phone Companies rolling out this services. Worse still with the advancements of these services to include other functionalities e.g payment for goods, services(KPLC has led the way). As soon as this becomes common-place then this Mobile Phone Companies will give the banks a run for their money. There is no guessing who will benefit the most from this, you and me My Thoughts... On 7/2/09, Watson Kambo <wkwats@gmail.com> wrote:
Hi guys,
I think soon banks will be obsolete with this trend in Kenya of Phone companies getting into this business ... or is it just extra cash??
http://www.businessdailyafrica.com/Company%20Industry/-/539550/617396/-/u9k8...
-- Watson wanjohi kambo
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks 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
-- With Regards, James W, Nairobi, .ke |tel: +254 728 024 897 | gtalk: jwaciira | yahoo: jamoke | twitter: jwaciira | ----------------------------- The Geek shall inherit the earth. - Linus 5:5
Good luck to all, Safaricom is way ahead, that is why Zain is still struggling to get its money transfer service on foot, is it Zap or what is it even? Imagine I dont know...who does????? David On Thu, Jul 2, 2009 at 3:08 AM, James Wachira <jwaciira.lists@gmail.com>wrote:
While banks will not be obsolete per se seeing that they provide many more services apart from money tranfer, their money transfer servicies will face stiff competition with Mobile Phone Companies rolling out this services. Worse still with the advancements of these services to include other functionalities e.g payment for goods, services(KPLC has led the way). As soon as this becomes common-place then this Mobile Phone Companies will give the banks a run for their money. There is no guessing who will benefit the most from this, you and me My Thoughts...
On 7/2/09, Watson Kambo <wkwats@gmail.com> wrote:
Hi guys,
I think soon banks will be obsolete with this trend in Kenya of Phone companies getting into this business ... or is it just extra cash??
http://www.businessdailyafrica.com/Company%20Industry/-/539550/617396/-/u9k8...
-- Watson wanjohi kambo
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks 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
-- With Regards, James W, Nairobi, .ke |tel: +254 728 024 897 | gtalk: jwaciira | yahoo: jamoke | twitter: jwaciira | ----------------------------- The Geek shall inherit the earth. - Linus 5:5 _______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks 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
-- Got any life problems? visit www.dearkenya.com
At this rate, don't you guys think that we should set up a frame work for inter-country and inter-operator money transfer. Although this will be met by stiff opposition form some (more established) operators, it will save many people the hussle of transferring money between networks. If the operators are not ready for this, What about a central exchange which is able to channel mobile transfers of a certain trader in case the trader is not on the senders network. On 02/07/2009, David Mugo <raidarmax@gmail.com> wrote:
Good luck to all, Safaricom is way ahead, that is why Zain is still struggling to get its money transfer service on foot, is it Zap or what is it even? Imagine I dont know...who does?????
David
On Thu, Jul 2, 2009 at 3:08 AM, James Wachira <jwaciira.lists@gmail.com>wrote:
While banks will not be obsolete per se seeing that they provide many more services apart from money tranfer, their money transfer servicies will face stiff competition with Mobile Phone Companies rolling out this services. Worse still with the advancements of these services to include other functionalities e.g payment for goods, services(KPLC has led the way). As soon as this becomes common-place then this Mobile Phone Companies will give the banks a run for their money. There is no guessing who will benefit the most from this, you and me My Thoughts...
On 7/2/09, Watson Kambo <wkwats@gmail.com> wrote:
Hi guys,
I think soon banks will be obsolete with this trend in Kenya of Phone companies getting into this business ... or is it just extra cash??
http://www.businessdailyafrica.com/Company%20Industry/-/539550/617396/-/u9k8...
-- Watson wanjohi kambo
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks 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
-- With Regards, James W, Nairobi, .ke |tel: +254 728 024 897 | gtalk: jwaciira | yahoo: jamoke | twitter: jwaciira | ----------------------------- The Geek shall inherit the earth. - Linus 5:5 _______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks 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
-- Got any life problems? visit www.dearkenya.com
-- with Regards: Find out about Demonstrators 2.0 at my blog: http://gramware.blogspot.com
Hey Mugo, Their is a difference between first and good marketing. Money transfer or Mobile wallets, ZAIN (celtel) was first to launching sokotele eons before Safaricom. But guys did not understand what it was for, recall most thought it was a competitor to safaricom's sambaza. Zain had to relaunch it resently so as to get some air play a.k.a ZAP. Ashford K. 2009/7/2 Dennis Kioko <dmbuvi@gmail.com>
At this rate, don't you guys think that we should set up a frame work for inter-country and inter-operator money transfer. Although this will be met by stiff opposition form some (more established) operators, it will save many people the hussle of transferring money between networks.
If the operators are not ready for this, What about a central exchange which is able to channel mobile transfers of a certain trader in case the trader is not on the senders network.
On 02/07/2009, David Mugo <raidarmax@gmail.com> wrote:
Good luck to all, Safaricom is way ahead, that is why Zain is still struggling to get its money transfer service on foot, is it Zap or what is it even? Imagine I dont know...who does?????
David
On Thu, Jul 2, 2009 at 3:08 AM, James Wachira <jwaciira.lists@gmail.com>wrote:
While banks will not be obsolete per se seeing that they provide many more services apart from money tranfer, their money transfer servicies will face stiff competition with Mobile Phone Companies rolling out this services. Worse still with the advancements of these services to include other functionalities e.g payment for goods, services(KPLC has led the way). As soon as this becomes common-place then this Mobile Phone Companies will give the banks a run for their money. There is no guessing who will benefit the most from this, you and me My Thoughts...
On 7/2/09, Watson Kambo <wkwats@gmail.com> wrote:
Hi guys,
I think soon banks will be obsolete with this trend in Kenya of Phone companies getting into this business ... or is it just extra cash??
http://www.businessdailyafrica.com/Company%20Industry/-/539550/617396/-/u9k8...
-- Watson wanjohi kambo
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks 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
-- With Regards, James W, Nairobi, .ke |tel: +254 728 024 897 | gtalk: jwaciira | yahoo: jamoke | twitter: jwaciira | ----------------------------- The Geek shall inherit the earth. - Linus 5:5 _______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks 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
-- Got any life problems? visit www.dearkenya.com
-- with Regards: Find out about Demonstrators 2.0 at my blog: http://gramware.blogspot.com _______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks 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
All, The thing is I dont think our mobile operators are that innovative. Looking at how much they copy each other makes me wonder when they will start looking at the market needs....for instance, we need an ONLINE PAYMENT solution, which any of these companies can implement easily, where is it? It is left to people with small capacities to think and when we think, we get shut by licensing issues, requirements and heavy investment that is required. David. On Thu, Jul 2, 2009 at 5:02 AM, Ashford Maina <kuriashford@gmail.com> wrote:
Hey Mugo,
Their is a difference between first and good marketing. Money transfer or Mobile wallets, ZAIN (celtel) was first to launching sokotele eons before Safaricom. But guys did not understand what it was for, recall most thought it was a competitor to safaricom's sambaza. Zain had to relaunch it resently so as to get some air play a.k.a ZAP.
Ashford K.
2009/7/2 Dennis Kioko <dmbuvi@gmail.com>
At this rate, don't you guys think that we should set up a frame work
for inter-country and inter-operator money transfer. Although this will be met by stiff opposition form some (more established) operators, it will save many people the hussle of transferring money between networks.
If the operators are not ready for this, What about a central exchange which is able to channel mobile transfers of a certain trader in case the trader is not on the senders network.
On 02/07/2009, David Mugo <raidarmax@gmail.com> wrote:
Good luck to all, Safaricom is way ahead, that is why Zain is still struggling to get its money transfer service on foot, is it Zap or what is it even? Imagine I dont know...who does?????
David
On Thu, Jul 2, 2009 at 3:08 AM, James Wachira <jwaciira.lists@gmail.com>wrote:
While banks will not be obsolete per se seeing that they provide many more services apart from money tranfer, their money transfer servicies will face stiff competition with Mobile Phone Companies rolling out this services. Worse still with the advancements of these services to include other functionalities e.g payment for goods, services(KPLC has led the way). As soon as this becomes common-place then this Mobile Phone Companies will give the banks a run for their money. There is no guessing who will benefit the most from this, you and me My Thoughts...
On 7/2/09, Watson Kambo <wkwats@gmail.com> wrote:
Hi guys,
I think soon banks will be obsolete with this trend in Kenya of Phone companies getting into this business ... or is it just extra cash??
http://www.businessdailyafrica.com/Company%20Industry/-/539550/617396/-/u9k8...
-- Watson wanjohi kambo
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks 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
-- With Regards, James W, Nairobi, .ke |tel: +254 728 024 897 | gtalk: jwaciira | yahoo: jamoke | twitter: jwaciira | ----------------------------- The Geek shall inherit the earth. - Linus 5:5 _______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks 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
-- Got any life problems? visit www.dearkenya.com
-- with Regards: Find out about Demonstrators 2.0 at my blog: http://gramware.blogspot.com _______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks 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
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks 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
-- Got any life problems? visit www.dearkenya.com
what if we tried its as a FOSS. 2009/7/2 David Mugo <raidarmax@gmail.com>
All,
The thing is I dont think our mobile operators are that innovative. Looking at how much they copy each other makes me wonder when they will start looking at the market needs....for instance, we need an ONLINE PAYMENT solution, which any of these companies can implement easily, where is it? It is left to people with small capacities to think and when we think, we get shut by licensing issues, requirements and heavy investment that is required.
David.
On Thu, Jul 2, 2009 at 5:02 AM, Ashford Maina <kuriashford@gmail.com>wrote:
Hey Mugo,
Their is a difference between first and good marketing. Money transfer or Mobile wallets, ZAIN (celtel) was first to launching sokotele eons before Safaricom. But guys did not understand what it was for, recall most thought it was a competitor to safaricom's sambaza. Zain had to relaunch it resently so as to get some air play a.k.a ZAP.
Ashford K.
2009/7/2 Dennis Kioko <dmbuvi@gmail.com>
At this rate, don't you guys think that we should set up a frame work
for inter-country and inter-operator money transfer. Although this will be met by stiff opposition form some (more established) operators, it will save many people the hussle of transferring money between networks.
If the operators are not ready for this, What about a central exchange which is able to channel mobile transfers of a certain trader in case the trader is not on the senders network.
On 02/07/2009, David Mugo <raidarmax@gmail.com> wrote:
Good luck to all, Safaricom is way ahead, that is why Zain is still struggling to get its money transfer service on foot, is it Zap or what is it even? Imagine I dont know...who does?????
David
On Thu, Jul 2, 2009 at 3:08 AM, James Wachira <jwaciira.lists@gmail.com>wrote:
While banks will not be obsolete per se seeing that they provide many more services apart from money tranfer, their money transfer servicies will face stiff competition with Mobile Phone Companies rolling out this services. Worse still with the advancements of these services to include other functionalities e.g payment for goods, services(KPLC has led the way). As soon as this becomes common-place then this Mobile Phone Companies will give the banks a run for their money. There is no guessing who will benefit the most from this, you and me My Thoughts...
On 7/2/09, Watson Kambo <wkwats@gmail.com> wrote:
Hi guys,
I think soon banks will be obsolete with this trend in Kenya of Phone companies getting into this business ... or is it just extra cash??
http://www.businessdailyafrica.com/Company%20Industry/-/539550/617396/-/u9k8...
-- Watson wanjohi kambo
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks 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
-- With Regards, James W, Nairobi, .ke |tel: +254 728 024 897 | gtalk: jwaciira | yahoo: jamoke | twitter: jwaciira | ----------------------------- The Geek shall inherit the earth. - Linus 5:5 _______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks 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
-- Got any life problems? visit www.dearkenya.com
-- with Regards: Find out about Demonstrators 2.0 at my blog: http://gramware.blogspot.com _______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks 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
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks 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
-- Got any life problems? visit www.dearkenya.com
_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks Other services @ http://my.co.ke Other lists ------------- Skunkworks 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
-- with Regards: Find out about Demonstrators 2.0 at my blog: http://gramware.blogspot.com
participants (5)
-
Ashford Maina -
David Mugo -
Dennis Kioko -
James Wachira -
Watson Kambo