wazua Sun, Mar 22, 2026
Welcome Guest Search | Active Topics | Log In

73 Pages«<6970717273>
Equity Bank unveils its MVNO strategy
lochaz-index
#701 Posted : Monday, July 20, 2015 5:15:29 PM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
Is it just me or does anyone else feel that equity is downplaying this thin sim on purpose?

First they launch it without any pre-hype, then they charge what may be a prohibitive cost of 500 to the bigger client base(ordinary mwanainchi) whom they should have wooed at a cost free thin sim to rack up the numbers. That is very unlike their past marketing gimmicks.

I think they are still doing a bigger pilot run of the thin sim and do not want to have logistical and technological overloads so early in the day or that go ahead by CAK had some conditions attached to the one year trial license.



The main purpose of the stock market is to make fools of as many people as possible.
Kastone
#702 Posted : Monday, July 20, 2015 5:47:43 PM
Rank: New-farer

Joined: 3/1/2014
Posts: 82
The optimist wrote:
maka wrote:
Discount of 100...it will be sold @ 500 then you get 200 bob credit.

True.
Apparently the THIN SIM is not free.



Totally worth it. Think of those who use RTGS or pay rent via #LipaRentNaM-pesa.
“The beauty of success is that it doesn’t matter how many times you have failed, you only have to be right once and then everyone can tell you how lucky you are.” - Mark Cuban
VituVingiSana
#703 Posted : Monday, July 20, 2015 6:56:54 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Kastone wrote:
The optimist wrote:
maka wrote:
Discount of 100...it will be sold @ 500 then you get 200 bob credit.

True.
Apparently the THIN SIM is not free.



Totally worth it. Think of those who use RTGS or pay rent via #LipaRentNaM-pesa.
Kwani, unlipa rent na RTGS ya KES 1,000,000? For that sort of rent, I would come bearing gifts for you as I come to collect the chapaa!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
MaichBlack
#704 Posted : Monday, July 20, 2015 7:28:37 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,838
VituVingiSana wrote:
Kastone wrote:
The optimist wrote:
maka wrote:
Discount of 100...it will be sold @ 500 then you get 200 bob credit.

True.
Apparently the THIN SIM is not free.



Totally worth it. Think of those who use RTGS or pay rent via #LipaRentNaM-pesa.
Kwani, unlipa rent na RTGS ya KES 1,000,000? For that sort of rent, I would come bearing gifts for you as I come to collect the chapaa!

@vvs - There is a MINIMUM charge for RTGS even if you are sending 10 bob!!! For most banks it is 400/= and above!! So one transaction covers your sim cost!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
VituVingiSana
#705 Posted : Monday, July 20, 2015 7:56:52 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
MaichBlack wrote:
VituVingiSana wrote:
Kastone wrote:
The optimist wrote:
maka wrote:
Discount of 100...it will be sold @ 500 then you get 200 bob credit.

True.
Apparently the THIN SIM is not free.



Totally worth it. Think of those who use RTGS or pay rent via #LipaRentNaM-pesa.
Kwani, unlipa rent na RTGS ya KES 1,000,000? For that sort of rent, I would come bearing gifts for you as I come to collect the chapaa!

@vvs - There is a MINIMUM charge for RTGS even if you are sending 10 bob!!! For most banks it is 400/= and above!! So one transaction covers your sim cost!!!

My point wasn't the RTGS cost but the rent... smile ... For 400/- one can afford to pay by couriered cheque.

Question: Can one use Equitel to send money to you if you have an account at any other bank [not Equity]?

What's the cost of sending 90,000/- [the max allowed as I understand it but I may be mistaken] using Equitel to SCBK?

What does it show up as on SCBK's end? [EFT, RTGS, etc]

Timeframe for the transfer? [2 minutes, 2 hours, etc]
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#706 Posted : Monday, July 20, 2015 11:44:30 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Wow!

http://www.businessdaily.../-/133p3ul/-/index.html

Now where's that Equitel SIM card I had ditched???
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
geofreygachie
#707 Posted : Tuesday, July 21, 2015 12:41:38 AM
Rank: Member

Joined: 2/27/2014
Posts: 454
Location: Republic of Enchantment.
VituVingiSana wrote:
Wow!

http://www.businessdaily.../-/133p3ul/-/index.html

Now where's that Equitel SIM card I had ditched???

I am getting serious with my equitel sim from now on.I will not be queuing to transfer funds and make payments.i have only used it a couple of times since I got it.Thank you Equity Bank.
Divers - can you laugh in scuba gear, or will you drown? I was wondering. - James May.
quicksand
#708 Posted : Tuesday, July 21, 2015 9:26:31 AM
Rank: Veteran

Joined: 7/5/2010
Posts: 2,061
Location: Nairobi
lochaz-index wrote:
Is it just me or does anyone else feel that equity is downplaying this thin sim on purpose?

First they launch it without any pre-hype, then they charge what may be a prohibitive cost of 500 to the bigger client base(ordinary mwanainchi) whom they should have wooed at a cost free thin sim to rack up the numbers. That is very unlike their past marketing gimmicks.

I think they are still doing a bigger pilot run of the thin sim and do not want to have logistical and technological overloads so early in the day or that go ahead by CAK had some conditions attached to the one year trial license.





Think Think
Mhhhh.....Interesting observation
Or perhaps they want to avoid an aggressive Safcom pricing counter-attack and steal a quiet march ...
kollabo
#709 Posted : Tuesday, July 21, 2015 10:48:59 AM
Rank: Veteran

Joined: 2/3/2012
Posts: 1,317
VituVingiSana wrote:
MaichBlack wrote:
VituVingiSana wrote:
Kastone wrote:
The optimist wrote:
maka wrote:
Discount of 100...it will be sold @ 500 then you get 200 bob credit.

True.
Apparently the THIN SIM is not free.



Totally worth it. Think of those who use RTGS or pay rent via #LipaRentNaM-pesa.
Kwani, unlipa rent na RTGS ya KES 1,000,000? For that sort of rent, I would come bearing gifts for you as I come to collect the chapaa!

@vvs - There is a MINIMUM charge for RTGS even if you are sending 10 bob!!! For most banks it is 400/= and above!! So one transaction covers your sim cost!!!

My point wasn't the RTGS cost but the rent... smile ... For 400/- one can afford to pay by couriered cheque.

Question: Can one use Equitel to send money to you if you have an account at any other bank [not Equity]?

What's the cost of sending 90,000/- [the max allowed as I understand it but I may be mistaken] using Equitel to SCBK?

What does it show up as on SCBK's end? [EFT, RTGS, etc]

Timeframe for the transfer? [2 minutes, 2 hours, etc]


As at now not possible. But Equity to Equity is at a click. I pay rent using Equitel. My problem with them is they havent set up paybills at fuel stations, supermarkets, restaurants etc ..and that is where Mpesa clobbers them.
MaichBlack
#710 Posted : Tuesday, July 21, 2015 11:27:12 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,838
kollabo wrote:
VituVingiSana wrote:
MaichBlack wrote:
VituVingiSana wrote:
Kastone wrote:
The optimist wrote:
maka wrote:
Discount of 100...it will be sold @ 500 then you get 200 bob credit.

True.
Apparently the THIN SIM is not free.



Totally worth it. Think of those who use RTGS or pay rent via #LipaRentNaM-pesa.
Kwani, unlipa rent na RTGS ya KES 1,000,000? For that sort of rent, I would come bearing gifts for you as I come to collect the chapaa!

@vvs - There is a MINIMUM charge for RTGS even if you are sending 10 bob!!! For most banks it is 400/= and above!! So one transaction covers your sim cost!!!

My point wasn't the RTGS cost but the rent... smile ... For 400/- one can afford to pay by couriered cheque.

Question: Can one use Equitel to send money to you if you have an account at any other bank [not Equity]?

What's the cost of sending 90,000/- [the max allowed as I understand it but I may be mistaken] using Equitel to SCBK?

What does it show up as on SCBK's end? [EFT, RTGS, etc]

Timeframe for the transfer? [2 minutes, 2 hours, etc]


As at now not possible. But Equity to Equity is at a click. I pay rent using Equitel. My problem with them is they havent set up paybills at fuel stations, supermarkets, restaurants etc ..and that is where Mpesa clobbers them.

Relax!!! One step at a time. How long did Safaricom take from the birth of MPesa to Lipa na MPesa level.

I am not saying Equity should take the same time period. Just pointing out it is a process. You cannot replicate what someone else did in five years in a week. Unless that someone else is a joker of course!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
73 Pages«<6970717273>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.