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MVISA: dead on arrival?
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KulaRaha
#1 Posted : Tuesday, September 13, 2016 11:51:32 AM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
So Visa launch M visa today....its just mpesa but on the visa platform.

I don't see the point...it may help them remain relevant but why would anyone another want another mobile wallet?

http://www.bloomberg.com...rival-safaricom-s-m-pesa
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KondooEconomist
#2 Posted : Tuesday, September 13, 2016 12:39:55 PM
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I dont see it making inroads
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Sober
#3 Posted : Tuesday, September 13, 2016 12:44:54 PM
Rank: Elder


Joined: 11/27/2007
Posts: 3,604
KulaRaha wrote:
So Visa launch M visa today....its just mpesa but on the visa platform.

I don't see the point...it may help them remain relevant but why would anyone another want another mobile wallet?

http://www.bloomberg.com...ival-safaricom-s-m-pesa


Mpesa failed in South Africa because it is a card intensive financial market yet it thrived in Kenya for the reverse reason.

Many of those who make payments via card would be glad to continue swipping rather than go the complicated way of linking it to a mobile carrier
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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KulaRaha
#4 Posted : Tuesday, September 13, 2016 12:55:55 PM
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Joined: 7/26/2007
Posts: 6,514
And what happens when you travel overseas and use a diff sim card?

Most of us need our credit cards when travelling to book hotels, cars etc.


Business opportunities are like buses,there's always another one coming
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kayhara
#5 Posted : Tuesday, September 13, 2016 1:18:35 PM
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Joined: 5/5/2011
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Not interested, but following on progress of the M-pesa card, if Safcom link it to visa then the banks will be left with their mVISA
To Each His Own
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obiero
#6 Posted : Tuesday, September 13, 2016 1:38:44 PM
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Joined: 6/23/2009
Posts: 13,501
Location: nairobi
kayhara wrote:
Not interested, but following on progress of the M-pesa card, if Safcom link it to visa then the banks will be left with their mVISA

It depends on operationalization

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sparkly
#7 Posted : Tuesday, September 13, 2016 5:41:28 PM
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Joined: 9/23/2009
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Location: Enk are Nyirobi
obiero wrote:
kayhara wrote:
Not interested, but following on progress of the M-pesa card, if Safcom link it to visa then the banks will be left with their mVISA

It depends on operationalization


Does this MVisa use NFC technology? If it does, I am interested.
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instinct
#8 Posted : Tuesday, September 13, 2016 10:38:30 PM
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Joined: 8/17/2007
Posts: 294
sparkly wrote:
obiero wrote:
kayhara wrote:
Not interested, but following on progress of the M-pesa card, if Safcom link it to visa then the banks will be left with their mVISA

It depends on operationalization


Does this MVisa use NFC technology? If it does, I am interested.


what keeps mpesa strong is the widespread agency network..how will mvisa succeed where airtel money and the rest has failed?
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mkenyan
#9 Posted : Tuesday, September 13, 2016 11:58:36 PM
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Joined: 4/1/2009
Posts: 1,883
sparkly wrote:
obiero wrote:
kayhara wrote:
Not interested, but following on progress of the M-pesa card, if Safcom link it to visa then the banks will be left with their mVISA

It depends on operationalization


Does this MVisa use NFC technology? If it does, I am interested.

depends on implementation. would try it even if it doesn't do nfs as long as it gives a good user experience. and i don't think i am the only one who find it tedious to remove the phone and go to settings, phone, sim applications, mpesa, lipa na mpesa, buy goods and services, till number, enter amount, pin to enable purchase.
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KulaRaha
#10 Posted : Wednesday, September 14, 2016 7:38:41 AM
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Joined: 7/26/2007
Posts: 6,514
NFC is used for small value purchases, so I doubt it will employ that.

Probably will have a procedure similar to mpesa. Pointless.
Business opportunities are like buses,there's always another one coming
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