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I am following a couple of threads on some Kenyan mailing lists and apparently Zain Kenya may just have upped the ante with regards to International mobile money transfers on its Zap service. The news I’m picking up is that Zap users in Kenya can now receive International money transfers
In an obvious move to stay relevant (and competitive) against the growing dominance of mobile payment services in the form of Safaricom’s M-Pesa and Zain’s Zap, Western Union has massively lowered its money transfer rates within Kenya to just 2% of the value being transferred. The new rate applies to