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Now everyone, most especially private individuals without access to banking services, can open an account and have a simple and safe method of payment…
Lemon Way solutions already enable millions of users to do their shopping (food, taxis etc) and transfer money to their friends and families…
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Mobile network O2 has launched a smartphone app that allows users to transfer up to £500 via text message.
It also allows customers to "digitise" their debit and credit cards to speed up purchases from online stores.
The firm also intends to allow users of phones with near-field communication (NFC) chips to make contactless payments in high street shops.
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At Mobile World Congress 2012, Amdocs, a leading provider of customer experience systems, today announced the launch of Amdocs Mobile Payments. The new solution is a cloud-based gateway, enabling mobile operators to quickly, securely and cost-effectively scale their mobile payments business for both prepaid and postpaid customers to open new revenue streams. Mobile payments that are charged via the carrier offer consumers the convenience of charging purchases directly to their mobile phone bill, prepaid balance or mobile wallet. |
| Wind turbines could also provide drinking water in humid climates following a breakthrough by a French engineering firm.
Eole Water modified your typical electricity-generating turbines to allow them to distill drinking water out of the air in a bid to help developing countries solve their water needs.
A prototype in Abu Dhabi already creates 62 litres of water an hour, and Eole hopes to sell turbines generating a thousand litres a day later this year.
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Scientists say a new study shows that Africa sits on a vast reservoir of groundwater that could provide a reliable source of water for drinking and agriculture.
Scientists say an estimated 300 million people in Africa do not have access to safe drinking water and with climate change making rainfall less predictable, their plight is even more precarious.
So research into a vast reservoir of groundwater beneath the continent is meaningful.
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That’s a key question facing bankers these days, given the cost of establishing a mobile offering and the accelerated pace at which the mobile landscape is evolving.
The short answer is “yes”—if you go about it right.
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