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Banks that will be extinct in a few years
XSK
#51 Posted : Friday, February 05, 2016 5:31:16 PM
Rank: Veteran

Joined: 12/8/2009
Posts: 975
Location: Nairobi
murchr wrote:
VituVingiSana wrote:
murchr wrote:
Safaricom does not charge 100/- for a USSD txt. For heaven sake all the local banks are connected to safcom too, why don't they charge 100/-.?
It was a number of charges at 7/- a session [I was debited in 7 or multiples of 7]. I have no idea how the sessions were calculated but it was roughly 100/- by the time I was done. I never used the service again.

James Mwangi said Equitel will not charge per USSD session during one of his presentations.


All charges by Safaricom? Not true!



Safaricom does charge for USSD. If you are on KCB Mobile banking try access *522# on your phone when it has no airtime. You will be prompted to top up first.
You will know that you have arrived when money and time are not mutually exclusive "events" in you life!
murchr
#52 Posted : Friday, February 05, 2016 5:45:56 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
XSK wrote:
murchr wrote:
VituVingiSana wrote:
murchr wrote:
Safaricom does not charge 100/- for a USSD txt. For heaven sake all the local banks are connected to safcom too, why don't they charge 100/-.?
It was a number of charges at 7/- a session [I was debited in 7 or multiples of 7]. I have no idea how the sessions were calculated but it was roughly 100/- by the time I was done. I never used the service again.

James Mwangi said Equitel will not charge per USSD session during one of his presentations.


All charges by Safaricom? Not true!



Safaricom does charge for USSD. If you are on KCB Mobile banking try access *522# on your phone when it has no airtime. You will be prompted to top up first.


I guess English is hard to comprehend. I said, "Safaricom does not charge 100/- for a USSD txt"

@innairobi, Banks make more money from lending

As for co-op, yes they are thieves, they charged me for closing one account although I was moving the money to another account in their bank for more convenience.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
VituVingiSana
#53 Posted : Friday, February 05, 2016 8:46:34 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
murchr wrote:
XSK wrote:
murchr wrote:
VituVingiSana wrote:
murchr wrote:
Safaricom does not charge 100/- for a USSD txt. For heaven sake all the local banks are connected to safcom too, why don't they charge 100/-.?
It was a number of charges at 7/- a session [I was debited in 7 or multiples of 7]. I have no idea how the sessions were calculated but it was roughly 100/- by the time I was done. I never used the service again.

James Mwangi said Equitel will not charge per USSD session during one of his presentations.


All charges by Safaricom? Not true!



Safaricom does charge for USSD. If you are on KCB Mobile banking try access *522# on your phone when it has no airtime. You will be prompted to top up first.


I guess English is hard to comprehend. I said, "Safaricom does not charge 100/- for a USSD txt"

@innairobi, Banks make more money from lending

As for co-op, yes they are thieves, they charged me for closing one account although I was moving the money to another account in their bank for more convenience.

d'oh! d'oh! d'oh! Someone is just trying to split hairs. Yawn. Liar Liar Liar "SafariCon doesn't charge 100/- for a USSD txt" d'oh! d'oh! d'oh!
1) USSD sessions are not 'texts' if one wants to split hairs.
2) Perhaps, within a transaction one may use multiple sessions OR in a 'sitting' one may transact multiple times [check balance, transfer funds, pay bill, upload airtime] or if the USSD session expires or disconnects thus multiple sessions are used.
3) Shame on you Shame on you Shame on you

As @XKS @kayhara & @watesh have attested to. There is no free lunch with Safaricom and USSD via the banks. Whether Safaricom bills us or the bank bills us for using Safaricom USSD... We end up paying.

*Please fill up at KenolKobil. Thank You. Come Again*
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
murchr
#54 Posted : Friday, February 05, 2016 9:44:47 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
VituVingiSana wrote:
murchr wrote:
XSK wrote:
murchr wrote:
VituVingiSana wrote:
murchr wrote:
Safaricom does not charge 100/- for a USSD txt. For heaven sake all the local banks are connected to safcom too, why don't they charge 100/-.?
It was a number of charges at 7/- a session [I was debited in 7 or multiples of 7]. I have no idea how the sessions were calculated but it was roughly 100/- by the time I was done. I never used the service again.

James Mwangi said Equitel will not charge per USSD session during one of his presentations.


All charges by Safaricom? Not true!



Safaricom does charge for USSD. If you are on KCB Mobile banking try access *522# on your phone when it has no airtime. You will be prompted to top up first.


I guess English is hard to comprehend. I said, "Safaricom does not charge 100/- for a USSD txt"

@innairobi, Banks make more money from lending

As for co-op, yes they are thieves, they charged me for closing one account although I was moving the money to another account in their bank for more convenience.

d'oh! d'oh! d'oh! Someone is just trying to split hairs. Yawn. Liar Liar Liar "SafariCon doesn't charge 100/- for a USSD txt" d'oh! d'oh! d'oh!
1) USSD sessions are not 'texts' if one wants to split hairs.
2) Perhaps, within a transaction one may use multiple sessions OR in a 'sitting' one may transact multiple times [check balance, transfer funds, pay bill, upload airtime] or if the USSD session expires or disconnects thus multiple sessions are used.
3) Shame on you Shame on you Shame on you

As @XKS @kayhara & @watesh have attested to. There is no free lunch with Safaricom and USSD via the banks. Whether Safaricom bills us or the bank bills us for using Safaricom USSD... We end up paying.

*Please fill up at KenolKobil. Thank You. Come Again*



Me: Google what is USSD?
Google: USSD (Unstructured Supplementary Service Data) is a Global System for Mobile(GSM) communication technology that is used to send text between a mobile phone and an application program in the network.

USSD messages are up to 182 alphanumeric characters in length.

USSD is generally associated with real-time or instant messaging services. USSD messages create a real-time connection during a USSD session.

USSD is commonly used by prepaid GSM cellular phones to query the available balance.

***In laymans lingo VVS you get one message per session it does not sum up instances then sends you a bill.***

***Technically, you send a query from your phone to a database, then you get a response back (USSD TXT) which you get charged for. The relationship is a one-to-one Hakuna maneno ingine mingi of bla bla bla other charges...the other charges belong to your bank.

PS. I did not anywhere say that Safaricom gives the service for free, heck why should they? As for Equitel, they may not charge the user the money but I am very certain, its covered.

Just FYI - TXT is not equal to SMS(am sure you know this and it ain't important anyway)

On Kenol the stock....it continues to be my mistake of 2015. Am currently filling gas at less than $2 no envy of Kenol customers at this moment...Thanks but no thanks
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Boris Boyka
#55 Posted : Friday, February 05, 2016 10:09:38 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
murchr wrote:
XSK wrote:
murchr wrote:
VituVingiSana wrote:
murchr wrote:
Safaricom does not charge 100/- for a USSD txt. For heaven sake all the local banks are connected to safcom too, why don't they charge 100/-.?
It was a number of charges at 7/- a session [I was debited in 7 or multiples of 7]. I have no idea how the sessions were calculated but it was roughly 100/- by the time I was done. I never used the service again.

James Mwangi said Equitel will not charge per USSD session during one of his presentations.


All charges by Safaricom? Not true!



Safaricom does charge for USSD. If you are on KCB Mobile banking try access *522# on your phone when it has no airtime. You will be prompted to top up first.


I guess English is hard to comprehend. I said, "Safaricom does not charge 100/- for a USSD txt"

@innairobi, Banks make more money from lending

As for co-op, yes they are thieves, they charged me for closing one account although I was moving the money to another account in their bank for more convenience.

@Murchr Laughing out loudly I remember telling this that they'll charge you but you said 'watakutambua wewe ni baba lao' So finally they Milked you!
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
murchr
#56 Posted : Friday, February 05, 2016 11:02:19 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Boris Boyka wrote:
murchr wrote:
XSK wrote:
murchr wrote:
VituVingiSana wrote:
murchr wrote:
Safaricom does not charge 100/- for a USSD txt. For heaven sake all the local banks are connected to safcom too, why don't they charge 100/-.?
It was a number of charges at 7/- a session [I was debited in 7 or multiples of 7]. I have no idea how the sessions were calculated but it was roughly 100/- by the time I was done. I never used the service again.

James Mwangi said Equitel will not charge per USSD session during one of his presentations.


All charges by Safaricom? Not true!



Safaricom does charge for USSD. If you are on KCB Mobile banking try access *522# on your phone when it has no airtime. You will be prompted to top up first.


I guess English is hard to comprehend. I said, "Safaricom does not charge 100/- for a USSD txt"

@innairobi, Banks make more money from lending

As for co-op, yes they are thieves, they charged me for closing one account although I was moving the money to another account in their bank for more convenience.

@Murchr Laughing out loudly I remember telling this that they'll charge you but you said 'watakutambua wewe ni baba lao' So finally they Milked you!


Yes they did, apart from that, the customer service was horrible. Actually customer service alone can make me open an account with these colonial banks but there's no incentive to anyway.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
VituVingiSana
#57 Posted : Friday, February 05, 2016 11:14:31 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
murchr wrote:
VituVingiSana wrote:
murchr wrote:
XSK wrote:
murchr wrote:
VituVingiSana wrote:
murchr wrote:
Safaricom does not charge 100/- for a USSD txt. For heaven sake all the local banks are connected to safcom too, why don't they charge 100/-.?
It was a number of charges at 7/- a session [I was debited in 7 or multiples of 7]. I have no idea how the sessions were calculated but it was roughly 100/- by the time I was done. I never used the service again.

James Mwangi said Equitel will not charge per USSD session during one of his presentations.


All charges by Safaricom? Not true!



Safaricom does charge for USSD. If you are on KCB Mobile banking try access *522# on your phone when it has no airtime. You will be prompted to top up first.


I guess English is hard to comprehend. I said, "Safaricom does not charge 100/- for a USSD txt"

@innairobi, Banks make more money from lending

As for co-op, yes they are thieves, they charged me for closing one account although I was moving the money to another account in their bank for more convenience.

d'oh! d'oh! d'oh! Someone is just trying to split hairs. Yawn. Liar Liar Liar "SafariCon doesn't charge 100/- for a USSD txt" d'oh! d'oh! d'oh!
1) USSD sessions are not 'texts' if one wants to split hairs.
2) Perhaps, within a transaction one may use multiple sessions OR in a 'sitting' one may transact multiple times [check balance, transfer funds, pay bill, upload airtime] or if the USSD session expires or disconnects thus multiple sessions are used.
3) Shame on you Shame on you Shame on you

As @XKS @kayhara & @watesh have attested to. There is no free lunch with Safaricom and USSD via the banks. Whether Safaricom bills us or the bank bills us for using Safaricom USSD... We end up paying.

*Please fill up at KenolKobil. Thank You. Come Again*



Me: Google what is USSD?
Google: USSD (Unstructured Supplementary Service Data) is a Global System for Mobile(GSM) communication technology that is used to send text between a mobile phone and an application program in the network.

USSD messages are up to 182 alphanumeric characters in length.

USSD is generally associated with real-time or instant messaging services. USSD messages create a real-time connection during a USSD session.

USSD is commonly used by prepaid GSM cellular phones to query the available balance.

***In laymans lingo VVS you get one message per session it does not sum up instances then sends you a bill.***

***Technically, you send a query from your phone to a database, then you get a response back (USSD TXT) which you get charged for. The relationship is a one-to-one Hakuna maneno ingine mingi of bla bla bla other charges...the other charges belong to your bank.

PS. I did not anywhere say that Safaricom gives the service for free, heck why should they? As for Equitel, they may not charge the user the money but I am very certain, its covered.

Just FYI - TXT is not equal to SMS(am sure you know this and it ain't important anyway)

On Kenol the stock....it continues to be my mistake of 2015. Am currently filling gas at less than $2 no envy of Kenol customers at this moment...Thanks but no thanks

$2/litre? Pole sana.
KK charges $0.88 per litre in Kenya and that includes crazy taxes.

*Fill up at KenolKobil. Thank You. Come Again.*
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
enyands
#58 Posted : Friday, February 05, 2016 11:21:48 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
VituVingiSana wrote:
murchr wrote:
VituVingiSana wrote:
murchr wrote:
XSK wrote:
murchr wrote:
VituVingiSana wrote:
murchr wrote:
Safaricom does not charge 100/- for a USSD txt. For heaven sake all the local banks are connected to safcom too, why don't they charge 100/-.?
It was a number of charges at 7/- a session [I was debited in 7 or multiples of 7]. I have no idea how the sessions were calculated but it was roughly 100/- by the time I was done. I never used the service again.

James Mwangi said Equitel will not charge per USSD session during one of his presentations.


All charges by Safaricom? Not true!



Safaricom does charge for USSD. If you are on KCB Mobile banking try access *522# on your phone when it has no airtime. You will be prompted to top up first.


I guess English is hard to comprehend. I said, "Safaricom does not charge 100/- for a USSD txt"

@innairobi, Banks make more money from lending

As for co-op, yes they are thieves, they charged me for closing one account although I was moving the money to another account in their bank for more convenience.

d'oh! d'oh! d'oh! Someone is just trying to split hairs. Yawn. Liar Liar Liar "SafariCon doesn't charge 100/- for a USSD txt" d'oh! d'oh! d'oh!
1) USSD sessions are not 'texts' if one wants to split hairs.
2) Perhaps, within a transaction one may use multiple sessions OR in a 'sitting' one may transact multiple times [check balance, transfer funds, pay bill, upload airtime] or if the USSD session expires or disconnects thus multiple sessions are used.
3) Shame on you Shame on you Shame on you

As @XKS @kayhara & @watesh have attested to. There is no free lunch with Safaricom and USSD via the banks. Whether Safaricom bills us or the bank bills us for using Safaricom USSD... We end up paying.

*Please fill up at KenolKobil. Thank You. Come Again*



Me: Google what is USSD?
Google: USSD (Unstructured Supplementary Service Data) is a Global System for Mobile(GSM) communication technology that is used to send text between a mobile phone and an application program in the network.

USSD messages are up to 182 alphanumeric characters in length.

USSD is generally associated with real-time or instant messaging services. USSD messages create a real-time connection during a USSD session.

USSD is commonly used by prepaid GSM cellular phones to query the available balance.

***In laymans lingo VVS you get one message per session it does not sum up instances then sends you a bill.***

***Technically, you send a query from your phone to a database, then you get a response back (USSD TXT) which you get charged for. The relationship is a one-to-one Hakuna maneno ingine mingi of bla bla bla other charges...the other charges belong to your bank.

PS. I did not anywhere say that Safaricom gives the service for free, heck why should they? As for Equitel, they may not charge the user the money but I am very certain, its covered.

Just FYI - TXT is not equal to SMS(am sure you know this and it ain't important anyway)

On Kenol the stock....it continues to be my mistake of 2015. Am currently filling gas at less than $2 no envy of Kenol customers at this moment...Thanks but no thanks

$2/litre? Pole sana.
KK charges $0.88 per litre in Kenya and that includes crazy taxes.

*Fill up at KenolKobil. Thank You. Come Again.*



Murchir I guess you meant 2 dollars a gallon which is equivalent to roughly 3 litres. So to do math to our fellow you are paying roughly 58 shillings a litre which should be cheaper than kk. Laughing out loudly
murchr
#59 Posted : Friday, February 05, 2016 11:27:51 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
VituVingiSana wrote:
murchr wrote:
VituVingiSana wrote:
murchr wrote:
XSK wrote:
murchr wrote:
VituVingiSana wrote:
murchr wrote:
Safaricom does not charge 100/- for a USSD txt. For heaven sake all the local banks are connected to safcom too, why don't they charge 100/-.?
It was a number of charges at 7/- a session [I was debited in 7 or multiples of 7]. I have no idea how the sessions were calculated but it was roughly 100/- by the time I was done. I never used the service again.

James Mwangi said Equitel will not charge per USSD session during one of his presentations.


All charges by Safaricom? Not true!



Safaricom does charge for USSD. If you are on KCB Mobile banking try access *522# on your phone when it has no airtime. You will be prompted to top up first.


I guess English is hard to comprehend. I said, "Safaricom does not charge 100/- for a USSD txt"

@innairobi, Banks make more money from lending

As for co-op, yes they are thieves, they charged me for closing one account although I was moving the money to another account in their bank for more convenience.

d'oh! d'oh! d'oh! Someone is just trying to split hairs. Yawn. Liar Liar Liar "SafariCon doesn't charge 100/- for a USSD txt" d'oh! d'oh! d'oh!
1) USSD sessions are not 'texts' if one wants to split hairs.
2) Perhaps, within a transaction one may use multiple sessions OR in a 'sitting' one may transact multiple times [check balance, transfer funds, pay bill, upload airtime] or if the USSD session expires or disconnects thus multiple sessions are used.
3) Shame on you Shame on you Shame on you

As @XKS @kayhara & @watesh have attested to. There is no free lunch with Safaricom and USSD via the banks. Whether Safaricom bills us or the bank bills us for using Safaricom USSD... We end up paying.

*Please fill up at KenolKobil. Thank You. Come Again*



Me: Google what is USSD?
Google: USSD (Unstructured Supplementary Service Data) is a Global System for Mobile(GSM) communication technology that is used to send text between a mobile phone and an application program in the network.

USSD messages are up to 182 alphanumeric characters in length.

USSD is generally associated with real-time or instant messaging services. USSD messages create a real-time connection during a USSD session.

USSD is commonly used by prepaid GSM cellular phones to query the available balance.

***In laymans lingo VVS you get one message per session it does not sum up instances then sends you a bill.***

***Technically, you send a query from your phone to a database, then you get a response back (USSD TXT) which you get charged for. The relationship is a one-to-one Hakuna maneno ingine mingi of bla bla bla other charges...the other charges belong to your bank.

PS. I did not anywhere say that Safaricom gives the service for free, heck why should they? As for Equitel, they may not charge the user the money but I am very certain, its covered.

Just FYI - TXT is not equal to SMS(am sure you know this and it ain't important anyway)

On Kenol the stock....it continues to be my mistake of 2015. Am currently filling gas at less than $2 no envy of Kenol customers at this moment...Thanks but no thanks

$2/litre? Pole sana.
KK charges $0.88 per litre in Kenya and that includes crazy taxes.

*Fill up at KenolKobil. Thank You. Come Again.*


Sorre sir! here we fill in Gallons which means i get 3.79 liters for precisely $1.49 taxes inclusive that is about 0.39 a liter? ...something like that...again..no thanks

=
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
enyands
#60 Posted : Friday, February 05, 2016 11:58:31 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
murchr wrote:
VituVingiSana wrote:
murchr wrote:
VituVingiSana wrote:
murchr wrote:
XSK wrote:
murchr wrote:
VituVingiSana wrote:
murchr wrote:
Safaricom does not charge 100/- for a USSD txt. For heaven sake all the local banks are connected to safcom too, why don't they charge 100/-.?
It was a number of charges at 7/- a session [I was debited in 7 or multiples of 7]. I have no idea how the sessions were calculated but it was roughly 100/- by the time I was done. I never used the service again.

James Mwangi said Equitel will not charge per USSD session during one of his presentations.


All charges by Safaricom? Not true!



Safaricom does charge for USSD. If you are on KCB Mobile banking try access *522# on your phone when it has no airtime. You will be prompted to top up first.


I guess English is hard to comprehend. I said, "Safaricom does not charge 100/- for a USSD txt"

@innairobi, Banks make more money from lending

As for co-op, yes they are thieves, they charged me for closing one account although I was moving the money to another account in their bank for more convenience.

d'oh! d'oh! d'oh! Someone is just trying to split hairs. Yawn. Liar Liar Liar "SafariCon doesn't charge 100/- for a USSD txt" d'oh! d'oh! d'oh!
1) USSD sessions are not 'texts' if one wants to split hairs.
2) Perhaps, within a transaction one may use multiple sessions OR in a 'sitting' one may transact multiple times [check balance, transfer funds, pay bill, upload airtime] or if the USSD session expires or disconnects thus multiple sessions are used.
3) Shame on you Shame on you Shame on you

As @XKS @kayhara & @watesh have attested to. There is no free lunch with Safaricom and USSD via the banks. Whether Safaricom bills us or the bank bills us for using Safaricom USSD... We end up paying.

*Please fill up at KenolKobil. Thank You. Come Again*



Me: Google what is USSD?
Google: USSD (Unstructured Supplementary Service Data) is a Global System for Mobile(GSM) communication technology that is used to send text between a mobile phone and an application program in the network.

USSD messages are up to 182 alphanumeric characters in length.

USSD is generally associated with real-time or instant messaging services. USSD messages create a real-time connection during a USSD session.

USSD is commonly used by prepaid GSM cellular phones to query the available balance.

***In laymans lingo VVS you get one message per session it does not sum up instances then sends you a bill.***

***Technically, you send a query from your phone to a database, then you get a response back (USSD TXT) which you get charged for. The relationship is a one-to-one Hakuna maneno ingine mingi of bla bla bla other charges...the other charges belong to your bank.

PS. I did not anywhere say that Safaricom gives the service for free, heck why should they? As for Equitel, they may not charge the user the money but I am very certain, its covered.

Just FYI - TXT is not equal to SMS(am sure you know this and it ain't important anyway)

On Kenol the stock....it continues to be my mistake of 2015. Am currently filling gas at less than $2 no envy of Kenol customers at this moment...Thanks but no thanks

$2/litre? Pole sana.
KK charges $0.88 per litre in Kenya and that includes crazy taxes.

*Fill up at KenolKobil. Thank You. Come Again.*


Sorre sir! here we fill in Gallons which means i get 3.79 liters for precisely $1.49 taxes inclusive that is about 0.39 a liter? ...something like that...again..no thanks

=



You nailed it hard Applause
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