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MPESA Vendors, An easy Target for Thugs.
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redi
#1 Posted : Monday, December 17, 2012 9:23:09 AM
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Joined: 1/24/2008
Posts: 46
Location: Embu
Looks like Robberies targeting MPESA businesses is increasing.
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FUNKY
#2 Posted : Monday, December 17, 2012 9:30:06 AM
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Joined: 4/30/2010
Posts: 1,635
They must be covered by Insurance.
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hisah
#3 Posted : Monday, December 17, 2012 9:33:31 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Is it just mpesa or all mobile money agencies? If just mpesa some more investigation is required.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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FUNKY
#4 Posted : Monday, December 17, 2012 9:39:14 AM
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Joined: 4/30/2010
Posts: 1,635
Majority of mobile money agencies are M Pesa agents @ Hisah!!
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dunkang
#5 Posted : Monday, December 17, 2012 9:40:54 AM
Rank: Elder


Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
hisah wrote:
Is it just mpesa or all mobile money agencies? If just mpesa some more investigation is required.


are there any other worth robbing?
Receive with simplicity everything that happens to you.” ― Rashi

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2012
#6 Posted : Monday, December 17, 2012 9:41:09 AM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
hisah wrote:
Is it just mpesa or all mobile money agencies? If just mpesa some more investigation is required.


Mpesa is almost guaranteed. I don't even know one person with airtel money or the other operators. Or were you referring to agent banking?
I think mpesa is easy prey and they not only need to invest in insurance but more importantly security.

BBI will solve it :)
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hisah
#7 Posted : Monday, December 17, 2012 9:49:12 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
2012 wrote:
hisah wrote:
Is it just mpesa or all mobile money agencies? If just mpesa some more investigation is required.


Mpesa is almost guaranteed. I don't even know one person with airtel money or the other operators. Or were you referring to agent banking?
I think mpesa is easy prey and they not only need to invest in insurance but more importantly security.

I meant the mobile money agency chain. How come mpesa features prominently? What makes the banking agency model hard to target?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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mkeiyd
#8 Posted : Monday, December 17, 2012 10:01:55 AM
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Joined: 3/26/2012
Posts: 1,182
With Mpesa,thugs are guaranteed of a loot. Most of the bank agents don't do good business.
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Angelica _ann
#9 Posted : Monday, December 17, 2012 1:15:42 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
mkeiyd wrote:
With Mpesa,thugs are guaranteed of a loot. Most of the bank agents don't do good business.


But ekwetyy in its 3rd qtr results showed increased business in agency banking and claimed that is the next frontier of banking business
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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bird_man
#10 Posted : Monday, December 17, 2012 1:37:33 PM
Rank: Veteran


Joined: 11/2/2006
Posts: 1,206
Location: Nairobi
mkeiyd wrote:
With Mpesa,thugs are guaranteed of a loot. Most of the bank agents don't do good business.


We need to be factual here.For Equity,agents are doing good business & very soon they will overtake over the counter teller transactions.

I know of a man who runs an Equity agent & he is making good....good cash.These too I guess are targets.
Formally employed people often live their employers' dream & forget about their own.
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2012
#11 Posted : Monday, December 17, 2012 2:03:26 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
hisah wrote:
2012 wrote:
hisah wrote:
Is it just mpesa or all mobile money agencies? If just mpesa some more investigation is required.


Mpesa is almost guaranteed. I don't even know one person with airtel money or the other operators. Or were you referring to agent banking?
I think mpesa is easy prey and they not only need to invest in insurance but more importantly security.

I meant the mobile money agency chain. How come mpesa features prominently? What makes the banking agency model hard to target?


The law of probability. Probability of an mpesa customer coming to your shop are higher than a customer who's come for other products or services. While there are many equal like banks reducing the probability of someone coming for agent banking deposit.

BBI will solve it :)
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digitek1
#12 Posted : Monday, December 17, 2012 2:30:33 PM
Rank: Veteran


Joined: 2/3/2010
Posts: 1,797
Location: Kenya
FUNKY wrote:
They must be covered by Insurance.

what kind of insuarance is available and how does it work out
I may be wrong..but then I could be right
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kangi
#13 Posted : Tuesday, December 18, 2012 10:21:04 AM
Rank: Member


Joined: 7/23/2009
Posts: 526
digitek1 wrote:
FUNKY wrote:
They must be covered by Insurance.

what kind of insuarance is available and how does it work out


Check with CIC Insurance they have products that cover SME's and the rates are good.The product is called Biashara Salama and covers losses up to Kshs. 5M the risks include fire, lightning and burglary at the rate of 1.1% of sum insured with a minimum of Kshs. 1,547 p.a.

Accept no one's definition of your life; define your life.
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