Thursday, April 15, 2010

Mobile Money - the new payment method

I'm sure we've heard about it and read alot on it and I can say with a definiteness of conviction that it is here - the principle behind mobile payment is basically the mobile phone.
We now have above an estimated 1 million cards doing transactions on multiple channels and yet the physical challenges of issuing cards or producing cards is rather complicated. Compare this to the over 30 million subscriber base and the already established platform of mobile telephony. equally compare the integrated services that are currently leveraging this vast platform and the possibilities are endless.

To be continued...

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