Rank: Member Joined: 7/31/2007 Posts: 341
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Flo-ology wrote:KulaRaha wrote:Tap will have nil effect. Its a step backwards. I also wonder who advised them on that card....The uptke will be low; people are already burdened carrying many cards(Credit card, debit card, loyalty card... list goes on till one gets tired) You have the option of choosing between a card, wrist band or a sticker that you attach to your phone. This could be a game changer since it will eliminate the errors of paying to the wrong merchant and the subsequent hustle in having these reversed. Imagine paying for your phombe at your local by simply tapping your wrist band or phone to the merchant terminal and entering your PIN. No more fiddling with the M-pesa menu.
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Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
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chris79 wrote:Flo-ology wrote:KulaRaha wrote:Tap will have nil effect. Its a step backwards. I also wonder who advised them on that card....The uptke will be low; people are already burdened carrying many cards(Credit card, debit card, loyalty card... list goes on till one gets tired) You have the option of choosing between a card, wrist band or a sticker that you attach to your phone. This could be a game changer since it will eliminate the errors of paying to the wrong merchant and the subsequent hustle in having these reversed. Imagine paying for your phombe at your local by simply tapping your wrist band or phone to the merchant terminal and entering your PIN. No more fiddling with the M-pesa menu. Do they have special machines (PDQ)? Why would a vendor with a till no or paybill want this, especially if he has to buy a device for just 1 type of card?
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Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
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Ok. Seen the terms. The POS device is the property of safcom and you won't have to pay any rental for it
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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chris79 wrote:
You have the option of choosing between a card, wrist band or a sticker that you attach to your phone. This could be a game changer since it will eliminate the errors of paying to the wrong merchant and the subsequent hustle in having these reversed. Imagine paying for your phombe at your local by simply tapping your wrist band or phone to the merchant terminal and entering your PIN. No more fiddling with the M-pesa menu.
Retrogressive. Safaricom has already succeeded in the ultimate, enabling you to make payments via your phone, both smart and dumb. Why ask you to carry another item? I think its another dead project like big box... Business opportunities are like buses,there's always another one coming
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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KulaRaha wrote:This pesalink looks like a monumental failure, as expected!
Now its free for 2 months, telling us how useless it is.
Main issue is stupid banks have limited transfer to 70k...when it can handle upto 1m. Self defeating!!
NIC is 250k but I agree its bogus...NIC told me i can only do 999,999 via mobile banking....not through the app or USSD possunt quia posse videntur
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Rank: New-farer Joined: 11/9/2015 Posts: 56
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maka wrote:KulaRaha wrote:This pesalink looks like a monumental failure, as expected!
Now its free for 2 months, telling us how useless it is.
Main issue is stupid banks have limited transfer to 70k...when it can handle upto 1m. Self defeating!!
NIC is 250k but I agree its bogus...NIC told me i can only do 999,999 via mobile banking....not through the app or USSD very useless system and roll-out - have an issue with CBA where i transferred some money and their system debited my account thrice - it has taken us 6 weeks to resolve this.
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Rank: Veteran Joined: 8/10/2014 Posts: 968 Location: Kenya
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KulaRaha wrote:chris79 wrote:
You have the option of choosing between a card, wrist band or a sticker that you attach to your phone. This could be a game changer since it will eliminate the errors of paying to the wrong merchant and the subsequent hustle in having these reversed. Imagine paying for your phombe at your local by simply tapping your wrist band or phone to the merchant terminal and entering your PIN. No more fiddling with the M-pesa menu.
Retrogressive. Safaricom has already succeeded in the ultimate, enabling you to make payments via your phone, both smart and dumb. Why ask you to carry another item? I think its another dead project like big box... I personally hate the many steps i have to undertake to pay using mpesa. I just end up using my debit card at the till coz all i need is a PIN. Mpesa debit card would be ideal for me
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Rank: Veteran Joined: 4/1/2009 Posts: 1,883
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KulaRaha wrote:This pesalink looks like a monumental failure, as expected!
Now its free for 2 months, telling us how useless it is.
Main issue is stupid banks have limited transfer to 70k...when it can handle upto 1m. Self defeating!!
i disagree. have used it in may and this month and it is highly convenient. whereas i used to make some payments through my mobile app via mpesa and where large sums are involved walk to my bank for an rtgs, i am doing all these easily from my phone. and at a much lower cost. and while i initially had a limit, all i had to do was to merely apply to my bank to raise it and it was done - so that 70k limit is a non-factor.
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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mkenyan wrote:KulaRaha wrote:This pesalink looks like a monumental failure, as expected!
Now its free for 2 months, telling us how useless it is.
Main issue is stupid banks have limited transfer to 70k...when it can handle upto 1m. Self defeating!!
i disagree. have used it in may and this month and it is highly convenient. whereas i used to make some payments through my mobile app via mpesa and where large sums are involved walk to my bank for an rtgs, i am doing all these easily from my phone. and at a much lower cost. a nd while i initially had a limit, all i had to do was to merely apply to my bank to raise it and it was done - so that 70k limit is a non-factor. Good advice right there  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Member Joined: 1/27/2012 Posts: 851 Location: Nairobi
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Angelica _ann wrote:mkenyan wrote:KulaRaha wrote:This pesalink looks like a monumental failure, as expected!
Now its free for 2 months, telling us how useless it is.
Main issue is stupid banks have limited transfer to 70k...when it can handle upto 1m. Self defeating!!
i disagree. have used it in may and this month and it is highly convenient. whereas i used to make some payments through my mobile app via mpesa and where large sums are involved walk to my bank for an rtgs, i am doing all these easily from my phone. and at a much lower cost. a nd while i initially had a limit, all i had to do was to merely apply to my bank to raise it and it was done - so that 70k limit is a non-factor. Good advice right there Which banks are these that have limits? I use Family & Stanbic, they have no such limits.
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Rank: Member Joined: 8/25/2015 Posts: 839 Location: Kite
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mkeiy wrote:Angelica _ann wrote:mkenyan wrote:KulaRaha wrote:This pesalink looks like a monumental failure, as expected!
Now its free for 2 months, telling us how useless it is.
Main issue is stupid banks have limited transfer to 70k...when it can handle upto 1m. Self defeating!!
i disagree. have used it in may and this month and it is highly convenient. whereas i used to make some payments through my mobile app via mpesa and where large sums are involved walk to my bank for an rtgs, i am doing all these easily from my phone. and at a much lower cost. a nd while i initially had a limit, all i had to do was to merely apply to my bank to raise it and it was done - so that 70k limit is a non-factor. Good advice right there Which banks are these that have limits? I use Family & Stanbic, they have no such limits. Kwa members
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Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
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Taurrus wrote:mkeiy wrote:Angelica _ann wrote:mkenyan wrote:KulaRaha wrote:This pesalink looks like a monumental failure, as expected!
Now its free for 2 months, telling us how useless it is.
Main issue is stupid banks have limited transfer to 70k...when it can handle upto 1m. Self defeating!!
i disagree. have used it in may and this month and it is highly convenient. whereas i used to make some payments through my mobile app via mpesa and where large sums are involved walk to my bank for an rtgs, i am doing all these easily from my phone. and at a much lower cost. a nd while i initially had a limit, all i had to do was to merely apply to my bank to raise it and it was done - so that 70k limit is a non-factor. Good advice right there Which banks are these that have limits? I use Family & Stanbic, they have no such limits. Kwa members KCB was the first i signed with then they limited me to 100K...I just ship next door to Stanbic n am now home. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Anybody with Coop or Equity experience? In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 3/18/2011 Posts: 12,069 Location: Kianjokoma
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Impunity wrote:Taurrus wrote:mkeiy wrote:Angelica _ann wrote:mkenyan wrote:KulaRaha wrote:This pesalink looks like a monumental failure, as expected!
Now its free for 2 months, telling us how useless it is.
Main issue is stupid banks have limited transfer to 70k...when it can handle upto 1m. Self defeating!!
i disagree. have used it in may and this month and it is highly convenient. whereas i used to make some payments through my mobile app via mpesa and where large sums are involved walk to my bank for an rtgs, i am doing all these easily from my phone. and at a much lower cost. a nd while i initially had a limit, all i had to do was to merely apply to my bank to raise it and it was done - so that 70k limit is a non-factor. Good advice right there Which banks are these that have limits? I use Family & Stanbic, they have no such limits. Kwa members KCB was the first i signed with then they limited me to 100K...I just ship next door to Stanbic n am now home. The KCB option with 100k limit is not pesalink. It's their normal mobile transfer service that predates pesalink I tried using pesalink with my kcb account. Was sending to another KCB account and the amount was huge. When you get to that part for choosing the recipient bank, KCB isn't among the choices!
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Rank: Member Joined: 6/21/2010 Posts: 345 Location: easto
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Angelica _ann wrote:Anybody with Coop or Equity experience? I received 850K in my Coop Account in May this year(From think Barclays). It was so fast. I haven't tried to pay out as mostly I do internal transfers. But I suppose it should work. Coop services have generally really improved. "The problem with the world is that the intelligent people are full of doubts, while the stupid ones are full of confidence." ― Charles Bukowski
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Rank: New-farer Joined: 1/15/2010 Posts: 81
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Found out yesterday that both sending AND receiving accounts have to be registered with Pesa Link for it to work.
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Rank: Member Joined: 2/20/2015 Posts: 467 Location: Nairobi
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chikonde wrote:Found out yesterday that both sending AND receiving accounts have to be registered with Pesa Link for it to work. Receiving account does NOT have to be registered with PESALINK. Just PESALINKed my rent from Equitel to Barclays account that is unregistered...transaction fee was zero.
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Rank: New-farer Joined: 1/15/2010 Posts: 81
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Oh? I bank with Barclays and I found that they had linked me to PesaLink without me knowing (I use their internet banking, maybe that's how). Your recipient may also have been linked unbeknownst to him. Anyway, all good then!
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Rank: Member Joined: 2/20/2015 Posts: 467 Location: Nairobi
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chikonde wrote:Oh? I bank with Barclays and I found that they had linked me to PesaLink without me knowing (I use their internet banking, maybe that's how). Your recipient may also have been linked unbeknownst to him. Anyway, all good then! The PESALINK SMS reads "XXXXXXXXX Confirmed. KES XXXXX.XX sent to Acc No. XXXXXXX on dd/mm/yy at HH:MM:SS who is unregistered in PESALINK" from above clearly recipient bank account is NOT registered to PESALINK and transaction still went through. PESALINK is just RTGS and you don't have to do anything to receive RTGS.
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Rank: New-farer Joined: 1/15/2010 Posts: 81
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Mmmm, ok, good to know, thanks.
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