Tony254
JF-Expert Member
- May 11, 2017
- 16,017
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Kenya sio uchumi size yenu. Mo hawezi kudominate Kenya anavyowadominate nyinyi. Uchumi wa $105 billion unataka kuulinganisha na uchumi wa $72 billion?
AzamPay preps to launch AzamPesa
AzamPay preps to launch AzamPesa
- Thread starter Geza Ulole
- Start date
BILLY ISISWE
JF-Expert Member
- Feb 10, 2014
- 2,666
- 1,053
Uwezi kumkinganisha Azam na wahindi wa Kenya. Wao wana passport ya Kenya na England au India. Azam ni mtoto wa Tanzania OG. Alianza kwa kuhuza ulojoo na Sharibati ZNZ.
Tony254
JF-Expert Member
- May 11, 2017
- 16,017
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Yaani huwa anawadanganya hivyo?
Planett
JF-Expert Member
- Mar 20, 2014
- 10,497
- 16,180
kwani unateseka au??
Teargas
JF-Expert Member
- Mar 28, 2021
- 21,849
- 24,773
Tanzanian economy is $64M. Hiyo $72M watafika 2050.
Mac Bully 001
JF-Expert Member
- Jun 26, 2012
- 6,537
- 13,004
Kwa hiyo nchi za kiislamu hakuna banking services? 😂
Mac Bully 001
JF-Expert Member
- Jun 26, 2012
- 6,537
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Benki zote zinazomilikiwa na waislamu, zina kuwa na sheria zao special, ndio maana issue ya kukopesheana kwa riba huwezi pata humo ndani.
covid 19
JF-Expert Member
- May 9, 2014
- 6,967
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huyo mwamba siku kenya mkamruhusu tu ndio mtaelewa kwanini anaitwa bakheresa the guy is business genius..
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #89
Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
- Thread starter
- #90
AzamPay: Expanding The Digital Pie - So What’s The Plan!
Friday, June 25 at 2:00pm CAT with Given Edward, Firas Ahmad. Azam is making an entrance into the fintech sector with the AzamPay platform. What is it, why is it here and how is it different? The AzamPay CEO, Firas Ahmad, is here to share what the plan is.
www.clubhouse.com
Mac Bully 001
JF-Expert Member
- Jun 26, 2012
- 6,537
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Hata akiruhusiwa, bado atapata competition kwa vigogo wa KE, sio ati akija ndo atapata mteremko, la hasha. 😂
Don YF
JF-Expert Member
- May 24, 2014
- 10,494
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Anatamba TZ coz most of them are bongolalas, hana meaningful competition., he's almost becoming a monopoly., too bad for black Tanzanians., uzembe ni mbaya!
Kafrican
JF-Expert Member
- Jan 26, 2015
- 7,251
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Kenya kwa mara ya kwanza imeshikilia uongozi wa Financial Technology (FinTech) barani Africa kwa kuipiku Nigeria na SA.. Tuko number 31 dunia nzima!!!!AzamPay preps to launch AzamPesa
June 23, 2021
The high service fees slapped on mobile money transfers is one of the biggest hurdles says Ahmad. “One of the critiques we have of the existing digital payment system is that it is too focused on the movement of money instead of the underlying commercial transaction.”
AzamPay CEO, Firas Ahmad.
“We believe that digital payments can be more effective in promoting economic growth, financial inclusion and formalising the economy by becoming a mechanism for trust. If you can connect an unknown buyer and an unknown seller to transact digitally, then you increase the number of potential customers for that seller and the number of things that the buyer can purchase,” he explained.
AzamPay’s value proposition in Africa is to first transform B2B transactions from cash to digital payments and it is spearheading this through its SARAFU platform, a B2B supply chain product. The platform only provides digital payment options for orders and deliveries.
In May, SARAFU processed over Tsh5-billion and the intention is to rope in more retailers onto the platform in the coming months. It is also planning a launch of AzamPesa, a mobile money wallet similar to M-Pesa or Tigo Pesa. “Our overall approach is to build a digital ecosystem around e-commerce. The vast majority of transactions in Sub-Saharan Africa are still in cash, the opportunity right now is to expand the digital pie,” Ahmad explained. The company’s strategy is to create value propositions for the merchant and the consumer that push more of those transactions to digital platforms.
Less cost, bigger pie
For mobile money companies to convert more transactions from cash to digital, they need to segment the market more effectively. “The P2P transaction fee business model does not address all the use cases,” said Ahmad. While virtual goods such as airtime, TV payments and electricity are heavily skewed towards digital payments, most consumers prefer to pay for point of sale goods in cash because it is more convenient and to avoid the transaction fees.
Mobile money companies need to strategise around how to lower fees while creating varied value propositions for different kinds of end-users. “If ten percent of transactions in Tanzania are digital, ninety percent are not. Our thinking is how do we start to expand the pie into that ninety per cent” he said.
Offering convenience at no cost was one value proposition that turned customers towards digital payments on the company’s SARAFU platform. The fact that retailers can now order all their goods at competitive prices during convenient hours with free same-day delivery was an advantage they could not pass up.
The Tsh5-billion transactions the company processed on its platform last month was closer to zero 18 months ago, Ahmad stated. “That has also given us the opportunities to now look at providing credit service and other types of financial services for the retailers. At the same time Sarafu also a benefits manufacturers as we can access data on where and how their products are selling,” he said.
Consumer data is where credit cards and other traditional payment rails still have an edge over mobile money products. Credit cards obviate the need for a merchant to determine the creditworthiness of a consumer.
Source:
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Lagos slumps in 2021 Global Fintech ranking, Nairobi ranks high
Nigeria’s commercial nerve centre, Lagos, dropped 22 places to rank 93rd in the 2021 Global Fintech Rankings.
The city’s ranking nosedived according to the new report released by findexable, which identifies emerging hubs, fintech companies and trends.
The new ranking, powered by Mambu, shows that 2020 was a year in which the financial technology (‘fintech’) sector expanded globally, building upon a surge in demand for technology that increases access to digital finance.
While Lagos slumped in the report, Nairobi, the capital city of Kenya, jumped 26 places upwards to rank 37th on the global ranking. It is the only African city in the top 50 category of cities around the globe, according to the report.
Accra, Ghana’s capital city, dropped 28 places to rank 151 on the global ranking of cities.
Within the year, over 50 new cities and 20 new countries were added to the index, meaning that they host the headquarters of at least 10 privately-owned fintech companies.
Meanwhile, among the 83 countries ranked in the index, Nigeria dropped five places to rank 57th behind Kenya, which moved eleven steps upward to rank 31st.
Africa’s largest economy also ranked behind South Africa, which equally dropped seven places to rank 44th.
Lagos slumps in 2021 Global Fintech ranking, Nairobi ranks high
The report comes a week after the Global Startup Ecosystem Index 2021 said Lagos switched places with Nairobi as the continent’s...
www.premiumtimesng.com
muhogo_kiks
JF-Expert Member
- Dec 4, 2018
- 1,627
- 4,445
Eti too bad for black Tanzanians. How dumb! Is Bakhresa white? Au wazanzibari ni watu weupe?
Naona mnaangaika sana na hizi tricks zenu za divide and rule. Shame on you!
Naona mnaangaika sana na hizi tricks zenu za divide and rule. Shame on you!
BILLY ISISWE
JF-Expert Member
- Feb 10, 2014
- 2,666
- 1,053
2022 tuona watakao piga kura. Wahindi karibu wote watakimbilia Uganda na Tanzania. Tunawona, ni wachache sana wanapinga kura. Wengine watakuwa wamekwenda kwa Mama Elizabeth au India kustare na kujitibu
Hakuna mtu wa kushindana na Azam. Anazalisha bidhaa zenye ubora wa kimataifa huwezi kufananisha bidhaa za Mo na Azam. Chochote anachazalisha kinajiuza chenyewe sokoni bila kutegemea promo. Pia amewekeza sana kwenye biashara ya kujenga na kupangisha majengo zaidi ya asilimia 70 ya magorofa yaliyopo mtaa wa Livingstone niya Azam
dickchiller
JF-Expert Member
- Apr 30, 2012
- 1,847
- 3,149
eti fintech, mnapenda sana sifa wakunya kuna mwenzenu youtuber anaomba msaada wa kulipa bill hospitali huko YouTube. dingi ake kalazwa aga khan kisumu bill imekuja kubwa wameshindwa kulipa. kamchangie kwanzaKenya kwa mara ya kwanza imeshikilia uongozi wa Financial Technology (FinTech) barani Africa kwa kuipiku Nigeria na SA.. Tuko number 31 dunia nzima!!!!
Source:
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Lagos slumps in 2021 Global Fintech ranking, Nairobi ranks high
Nigeria’s commercial nerve centre, Lagos, dropped 22 places to rank 93rd in the 2021 Global Fintech Rankings.
The city’s ranking nosedived according to the new report released by findexable, which identifies emerging hubs, fintech companies and trends.
The new ranking, powered by Mambu, shows that 2020 was a year in which the financial technology (‘fintech’) sector expanded globally, building upon a surge in demand for technology that increases access to digital finance.
While Lagos slumped in the report, Nairobi, the capital city of Kenya, jumped 26 places upwards to rank 37th on the global ranking. It is the only African city in the top 50 category of cities around the globe, according to the report.
Accra, Ghana’s capital city, dropped 28 places to rank 151 on the global ranking of cities.
Within the year, over 50 new cities and 20 new countries were added to the index, meaning that they host the headquarters of at least 10 privately-owned fintech companies.
Meanwhile, among the 83 countries ranked in the index, Nigeria dropped five places to rank 57th behind Kenya, which moved eleven steps upward to rank 31st.
Africa’s largest economy also ranked behind South Africa, which equally dropped seven places to rank 44th.
Lagos slumps in 2021 Global Fintech ranking, Nairobi ranks high
The report comes a week after the Global Startup Ecosystem Index 2021 said Lagos switched places with Nairobi as the continent’s...
Lewis254
JF-Expert Member
- Apr 3, 2017
- 7,729
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hata wewe dingi yako akilazwa hospitalini lazima utapanic. huyo youtuber anastahili kupewa support lakini Omosh hapana
Kibosho1
JF-Expert Member
- Dec 12, 2017
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Anaona mbali