Mpesa Kenya (5)
Some reviews are appearing in newspapers stating that the service shall be withdrawn. It’s not appropriate. Such negative publicity is creating unnecessary apprehensions within the public domain,” said B.V. Sudhakar, Chief Postmaster General, Andhra Pradesh and Telangana. Using know-how, providers like Electronic Money Order, Instant Money Order and Mobile Money Order were introduced into vogue and these companies have been found to be person-pleasant.
Credit card companies consider the acquisition of a money order to be the equivalent of a cash advance, so the transaction will set off an costly price in addition to the rapid accrual of a high rate of interest. Issuers don’t desire their customers to be able to bypass cash advance fees and the income they provide, which one may otherwise do by sending oneself credit-funded cash orders.
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