Comments on: Western Union to transfer money to ‘mobile wallets’ http://lirneasia.net/2007/10/western-union-to-transfer-money-to-mobile-wallets/ a regional ICT policy and regulation think tank active across the Asia Pacific Wed, 23 May 2012 17:07:34 +0000 hourly 1 By: Chanuka http://lirneasia.net/2007/10/western-union-to-transfer-money-to-mobile-wallets/comment-page-1/#comment-6320 Chanuka Fri, 26 Oct 2007 02:10:51 +0000 http://www.lirneasia.net/2007/10/western-union-to-transfer-money-to-mobile-wallets/#comment-6320 Val, Generally this is how it works: Your brother pays a 'merchant' in cash (say $ 100) and gets his mobile 'topped up' with $ 100. (just like reloading) Then your bro sends that $ 100 to *your* phone. (=SMS) Now you have $ 100 m-cash in your 'phone'. You can; (a) go to a merchant and get cash or (b) put that in your bank account or (c) transfer to another phone as a payment (Ordinary currency exchange rules apply) Val,

Generally this is how it works:

Your brother pays a ‘merchant’ in cash (say $ 100) and gets his mobile ‘topped up’ with $ 100. (just like reloading)

Then your bro sends that $ 100 to *your* phone. (=SMS) Now you have $ 100 m-cash in your ‘phone’.

You can;

(a) go to a merchant and get cash or
(b) put that in your bank account or
(c) transfer to another phone as a payment

(Ordinary currency exchange rules apply)

]]> By: Val http://lirneasia.net/2007/10/western-union-to-transfer-money-to-mobile-wallets/comment-page-1/#comment-6321 Val Thu, 25 Oct 2007 05:05:12 +0000 http://www.lirneasia.net/2007/10/western-union-to-transfer-money-to-mobile-wallets/#comment-6321 How will this work? I'm confused?! Will I get money on my mobile or will my brother send the money to a agent in my area and then i go there and collect it? Please help here How will this work? I’m confused?! Will I get money on my mobile or will my brother send the money to a agent in my area and then i go there and collect it? Please help here

]]> By: Chanuka http://lirneasia.net/2007/10/western-union-to-transfer-money-to-mobile-wallets/comment-page-1/#comment-6319 Chanuka Fri, 19 Oct 2007 06:23:45 +0000 http://www.lirneasia.net/2007/10/western-union-to-transfer-money-to-mobile-wallets/#comment-6319 Sri Lankan readers might remember the popular 'Uncle Albert' TV commercial of Western Union. It shows how the best man calls a relative (Uncle Albert) in London and gets money transferred to replace a lost ring in the eleventh hour. Perhaps, in future the best men will be spared of running to the bank as Uncle Albert can deposit money directly to the jeweler’s mobile phone. He only have to go there to collect it. Sri Lankan readers might remember the popular ‘Uncle Albert’ TV commercial of Western Union.

It shows how the best man calls a relative (Uncle Albert) in London and gets money transferred to replace a lost ring in the eleventh hour.

Perhaps, in future the best men will be spared of running to the bank as Uncle Albert can deposit money directly to the jeweler’s mobile phone. He only have to go there to collect it.

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