Comments on: Socio-Economic Benefits of Mobile Money Transfer

By: emmanuel okia

emmanuel okia — Mon, 12 Sep 2011 13:47:32 +0000

in terms of convenience, community mainstreaming (one may wonder! a person with physical impairments can know do banking) and the uneducated have developed a strong saving culture. mobile banking is the way to go!

By: Ramesh Bhat

Ramesh Bhat — Fri, 03 Dec 2010 06:04:51 +0000

I think there are 2 approaches for growth of mobile payments in India-

1) Handle interoperability issues through MPFI (Mobile Payments Forum of India), this will be a slow-evolving process, based on standardisation etc

2) Bulldoze with something which is accepted across large population, similar to what Safaricom had as an advantage because of environment etc. This will help to create awareness and de-facto standard.

Business Correspondent (BC) model will help to reach out to the interiors of our population and geographic spread.

By: qaliidi somali

qaliidi somali — Wed, 03 Nov 2010 15:46:51 +0000

mobile banking have more benefits for developing country , but under developing country creating more problem, economically isn’t good to use mobile banking specially underdeveloped countries like somalia, in somalia we have got this service but he is become the biggest problem because of private business

By: maureen sayrah

maureen sayrah — Tue, 05 Oct 2010 12:33:39 +0000

hi Mpesa came to help everyone especially young pple who don av steady supply of money to take in bank . We can save thru our phones thaxs to you guys

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By: prashantn

prashantn — Wed, 27 Jan 2010 15:19:45 +0000

I personally feel Mobile Banking In India, should be marketed slowly and steadily.
What is required is an active monitoring mechanism, to ensure that criminals do not take advantage of the loopholes in the Mobile Banking in our country.

By: Socio-Economic Benefits of Mobile Money Transfer | Telecom Circle | Money Making Blog

Wed, 27 Jan 2010 14:26:36 +0000

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