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# System prepended metadata

title: Batched Payments Rwanda
tags: [rwanda]

---

---
tags: rwanda
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# Batched Payments Rwanda

## Pros for going cashless:

      - Easy access to your funds 
      - Fast transactions
      - Everyone else is using it 
      - Has agents for cashing out everywhere
      - Reliability
      - There is a proof money was actually sent
      - Sending money to someone who is in a long distance
      - Pushing & Pulling money from a bank account using USSD codes

## Cons for going cashless: 

   - Tendency to overspend
   - Internet connection problems
   - Transactions fees 

## When Batched Payments make sense (participant behaviours):

   - Transportation
      - One of the participants uses a motorbike to go to and from work, so creating some kind of a contract with a motorbike driver where he/she is getting paid at the end or beggining of the month would be interesting
   - Automatic saving
      - One of the participants has Mokash automatic savings, where Mokash takes already setup amount of money from you Mobile Money account
   - Calculated spendings
      - We can see in few user personas that they calculate the monthly spendings and only that amount is being transfered to Mobile Money for daily transactions 
   - 4 envelopes 
      - Behaviour that is worth mentioning is that one of the participants has 4 envelopes for 4 weeks of the month, so it mean that this personas calculates spendings noy only for the month, but also for the week
   - High purchase transactions 
      - Buying expensive things via Mobile Money can turn out to be more then you expected because of fees, so paying for that via Batched Payments might be better 
   - Planning 
      - When participants plan their spendings, batched payments seem like a way to go
   - Bad internet connection 

## When Batched Payments don't make sense (participant behaviours): 

   - People don't like going through long and tedious processes for creating accounts, if signing up is a problem how are people going to create payees and contacts list manually? 
   - Personas avoid constantly transfering money from Bank Accounts to Mobile Money so they don't get charged any additional fees
   - It's hard to switch to another provider because that causes difficulties with communication and not a lot of people use it 


- Cash pros:
      - Some people likes to phisically have the cash in their hands
      - No fees
      - Easier to track if participants don't check their online balances