It Is a Phone and a Bank
M-Shwari can lay claim to being the first true mobile banking service - a full-fledged bank account, it offers access to loans and is managed from a cell phone....
Tag: alternative payment methods
Bitcoin, Money Laundering and High-Risk E-Commerce
The use of Bitcoin will remain limited to very high-risk operations, which have limited access or are altogether cut off from the traditional payment system....
LevelUp and Interchange Zero Revisited
LevelUp takes over SXSW, makes "win-win" propositions and promises "special savings", a "massive industry shift" and, of course, a "mobile payments revolution"....
Prepaid Cards: the Bank Accounts of the Unbanked
Prepaid cards' popularity grows as more and more unbanked Americans discover that they offer a great way for them to enter the mainstream financial system....
Using Mobile Money to Fight Corruption and Raise Salaries in Afghanistan
Using M-Paisa's mobile payments system to pay the salaries of Afghan policemen prevented middlemen from taking a cut resulting in an effective pay raise of 30%....