Tag Archives: bank accounts
Migrant results from teleuse@BOP3 carried in Sri Lanka media
The Sunday Times (English) and Ravaya (Sinhala) carried the results of the migrant component of the teleuse research, making direct reference to the need to set the rules in place, a topic that was addressed in a previous issue of the Times by M. Aslam Hayat. “The challenge for mobile operators is to make a [...]
Colloquium: Mobile 2.0: m-money for the unbanked
Colloquium conducted by Dr. Erwin Alampay of NCPAG, Philippines. Presentation began by looking at the potential for M-money. Why should we use m-money? Improving efficiency: Improve services, financial services. BOP a target. BOP (migrants) relies on various forms of remittances Looking at Filipinos, 9% of BOP had a relative living abroad, and 13% in another [...]
Cell Phones Double as e-wallets in RP
Cell phones double as electronic wallets in RP By Oliver Teves Associated Press Last updated 10:42am (Mla time) 09/30/2007 Philippine Daily Inquirer SAN MIGUEL, Philippines–It’s Thursday, so 18-year-old Dennis Tiangco is off to a bank to collect his weekly allowance, zapped by his mother–who’s working in Hong Kong–to his electronic wallet: his cell phone. Sauntering [...]
Mobile money in the Philippines
Cell phones double as electronic wallets – Yahoo! News Mobile banking services, which are also catching on in Kenya and South Africa, enable people who don’t have bank accounts to transfer money easily, quickly and safely. It’s spreading in the developing world because mobile phones are much more common than bank accounts. The system is [...]
Mobile money transfers services awaiting Govt approval in India
A number of Indian mobile operators have been pilot-testing transferring money using mobile handsets. There are 160 million mobile subscribers in India far outnumbering the bank branches in the country (70,000). The service could potentially allow mobile users to transfer money electronically via the handset directly and instantaneously to another mobile subscriber in the country [...]
Recent Comments