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The M-PESA transaction fees are high. <sarc>M-PESA helps fight poverty through the ingenious application of a thousand paper cuts. </sarc>
by astroflection 1y ago
The M-PESA transaction fees are high.
<sarc>M-PESA helps fight poverty through the ingenious application of a thousand paper cuts. </sarc>
- warkdarrior 1y agoAccording to this page: https://www.safaricom.co.ke/main-mpesa/m-pesa-for-you/tariffs-limits/consumer-tariffs-limits https://www.safaricom.co.ke/main-mpesa/m-pesa-for-you/tariff... Fees are high (22-38%) for low amounts, and then they drop into the 1-2% range that is typical of Western credit card networks.
- SideburnsOfDoom 1y agoI didn't say that you had to praise it extravagantly, just to be aware of it. To know what the current state of play is. What demonstrably has succeeded, and what untapped niches remain.