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Subscriptions InnBucks’ new subscription model drags earnings
The model dubbed -KaOne subscription- resulted in fee and commission income dropping by close to 40 percent to ZiG58, 8 million from ZiG95,8 million comparable period the previous year. However, the new model generated ZiG22 million in its initial six months.
INNBUCKS Microbank Limited (InnBucks)’s decision to charge a flat US$1 monthly fee on unlimited transactions to customers on its wallet service boosted...