[quote=Simba1]I think if implemented, this could put Safaricom in a very tight corner considering that's what has held their customers to them.

http://www.the-star.co.k...ly-end-m-pesa-dominance

http://www.businessdaily...-/14bgjuqz/-/index.html[/quote]

I like.

@murchr, read,

SAFARICOM'S Mpesa platform may soon be open for use by other mobile payment services providers if new regulations published by the Central Bank are effected.

This could end the mobile company's dominance of the mobile money market which has locked many subscribers to its network.

The CBK has published the National Payment System Draft Regulations that among others recommend that E-money issuers shall utilise open systems capable of becoming interoperable with other payment systems in the country and internationally. The same shall apply to electronic retail transfers.

“E-money issuers are encouraged to enter into interoperable arrangements ,” reads part of the regulation. This will come as a relief to the three other mobile phone companies in the country who have been pushing for this kind of arrangement. Safaricom has however opposed it in the past arguing that it will kill innovation and slow down the systems.

This will be good news to solution providers but not so for safaricom.

Clause 2. Interpretation

“Interoperate” means the commercial interconnectivity between providers of different payment systems or payment instruments including the capability of electronic systems to exchange messages and ―interoperable‖ shall be construed accordingly.

Those charges were becoming too much!!!