It seems the mobile money operators are too comfortable and have no real competition and are not incentivized to do anything, leave alone improving trust and everything you wrote. These are all great ideas that could really improve the MM system especially scheduled payments, reversals, and trust. The other thing is it’s very slow and long winded to make mobile payments, take case in point Apple Pay, it’s very fast and easy, just double tap and faceID, done. It would be great if these MM providers can take cues from these systems and work on optimizing the speed of transactions. I’m not going to hold my breath though…
What is your comments on the government intention to introduce levy on mobile money transaction upon sending and withdrawing money. This is going to increase transactions cost if the operator shift the burden to the users by increasing transaction charges to cover up their margin. In my views this is going to affect the ecommerce which is still in growth stage by making it too costfull as many players are using mobile money platform to transact
Mr Firas,
It seems the mobile money operators are too comfortable and have no real competition and are not incentivized to do anything, leave alone improving trust and everything you wrote. These are all great ideas that could really improve the MM system especially scheduled payments, reversals, and trust. The other thing is it’s very slow and long winded to make mobile payments, take case in point Apple Pay, it’s very fast and easy, just double tap and faceID, done. It would be great if these MM providers can take cues from these systems and work on optimizing the speed of transactions. I’m not going to hold my breath though…
Greetings Mr Firas Ahmad
What is your comments on the government intention to introduce levy on mobile money transaction upon sending and withdrawing money. This is going to increase transactions cost if the operator shift the burden to the users by increasing transaction charges to cover up their margin. In my views this is going to affect the ecommerce which is still in growth stage by making it too costfull as many players are using mobile money platform to transact