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100 sats \ 1 reply \ @optimism 31 Aug \ parent \ on: Rada: enterprise-grade, multi-currency payment LN processing system for Africa lightning
Yeah I was being lazy. This looks much better!
This is what you get when your fixed price per transaction is more significant than your variable price, normally, but you're under pressure to not charge insanely high prices per tx, which M-Pesa has been facing (see for example the interview from #894366).
However, I'm not entirely convinced that this is the case here! Maybe @KenyaCoin has more insights.
The main competitor, with a relatively tiny market share of the mobile money market, does not charge for in-network transfers (from one Airtel Money customer to another). And they are otherwise mostly less expensive.
Transfers:

Withdrawals:

Most everyone whines about the m-Pesa fees, and LN is just sitting there.
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