Yakub02
Banned
In addition to what has been said so far, the issue of cashless policy in any national is expected to bring efficiency and effectiveness to business transaction's and funding a business ventures.
More often than not, we have seen that those at the helms of affairs are not getting it right as far as the issue of cashless policy is concerned.
Bank charges. The high cost of bank charges that banks collect from customer account just for making transaction on bank app or using USSD transfer is very annoying. Imagine a bank charging #34 for either a customer pays or receive money into his or her account.
Bank charge is one of the issue that may make a newbies business operator to be scary of going cashless with his or her business. If the bank charge will take away all your money and business profit, it will be better to stay away from it.
I want to believe if bank administrator and government can deem it fit to remove unnecessary bank charges and hidden charges it will not only attract the existing bank customers but also encourage the newbie business people to accept the policy.
Network palaver, the issue of network jam and network non availability is so annoying and discouraging. This cannot encourage business people to switch wholeheartedly to cashless if the issues of network jam is still surfacing on their hard earned money transactions.
More often than not, we have seen that those at the helms of affairs are not getting it right as far as the issue of cashless policy is concerned.
Bank charges. The high cost of bank charges that banks collect from customer account just for making transaction on bank app or using USSD transfer is very annoying. Imagine a bank charging #34 for either a customer pays or receive money into his or her account.
Bank charge is one of the issue that may make a newbies business operator to be scary of going cashless with his or her business. If the bank charge will take away all your money and business profit, it will be better to stay away from it.
I want to believe if bank administrator and government can deem it fit to remove unnecessary bank charges and hidden charges it will not only attract the existing bank customers but also encourage the newbie business people to accept the policy.
Network palaver, the issue of network jam and network non availability is so annoying and discouraging. This cannot encourage business people to switch wholeheartedly to cashless if the issues of network jam is still surfacing on their hard earned money transactions.
