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InnBucks: generating “interest” from money in a cashier’s till

InnBucks, Simbisa’s financial services arm, has cut its service fees for transactions from 5% to 3% for amounts over US$5. More importantly, Innbucks is saying that it has set the price for sent amounts under US$5 to 1%.This second provision is very interesting because it suggests that they have, through data on their end, seen…

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Valentine Muhamba
InnBucks, Simbisa Brands, airtime

InnBucks, Simbisa’s financial services arm, has cut its service fees for transactions from 5% to 3% for amounts over US$5. More importantly, Innbucks is saying that it has set the price for sent amounts under US$5 to 1%.This second provision is very interesting because it suggests that they have, through data on their end, seen […]

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Valentine Muhamba

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Founder and CEO of dotzedw

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