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Mobile Money Basics : Part-1

Mobile Money Services essentially was for unbanked & under privileged customers.
Mobile Money suppose to improves life for the Lower segment of society by
Domestic Remittance from cities to villages
Availability of Agents to withdraw cash
Building Savings Culture
Acceptability of Mobile Money under Mobile Financial Services was the biggest break through
Role of Mobile Money Agent is crucial and very critical for success…

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Rumble in the Jungle

This post was originally published on 06-May-2015 on Linkedin (Click here). As per the title “Rumble in the Jungle” (no I am not referring to the October-1974 boxing match played in Kinshasa-DRC that went down in history as the most popular/viral event of the 20th century) this article explores […]

IoT Based Mobile Financial Services

As on date the most common use for sensors is telematics, which allows devices installed in cars (car tracking devices) to transmit location data to owners and insurers. This also includes ability to track-stolen vehicle and help in recovery, automatic crash notification, and vehicle data recording force full actions by controller over telematics infra. Telematics also extends to tracking ships, car and trucks for fleet management and route optimisation. IoT merged with mobile financial services can ensure you can get fuel

Mobile Money – Key Stakeholders

Technology is a friend/ helper not as tester or rocket science; MFS product use and accessibility needs to be simple for people to make them comfortable and pull out maximum benefits especially for unbanked who have not seen the real MFS. Study from google shows that globally, mobile money users transacted a total of USD 7.5 billion through 479.5 million transactions in the month of December 2014. If cash-ins and cash-outs are included, mobile money users performed 717.2 million transactions, total of USD 16.3 billion.

Rush Hour – Mobile Payments

Abstract – This post “Rush Hour – Mobile Payments and Financial Services” was originally published on 26-April-2015 on Linkedin. This article explores the different mode of Mobile Payments i.e. ApplePay, Samsung, Microsoft, Google, Facebook and many more and where we are actually and where we wanna be. Advantages of […]