MasterCard Worldwide Archives — LIRNEasia


Mobile as a payment mechanism

Posted on February 13, 2007  /  1 Comments

Inside the LIRNE.NET community, we have for some time been discussing a program of research centered on what we all mobile multiple play, a convergence of services around the transactional capabilities of the mobile phone and its unparallelled connectivity.   Our friend and colleague Abu Saeed Khan is reporting on a major development on these lines from the GSM Congress in Barcelona: :: bdnews24.com :: Spearheaded by a special group of 19 mobile operators with networks in over 100 countries and representing over 600 million customers, GSMA believes the programme could double the number of recipients of international remittances to more than 1.5 billion, while helping to quadruple the size of the international remittances market to more than one trillion dollars by 2012.