http://www.globalchange.com Banks will become phone companies and telecom companies will become banks. Mobile payment systems, micropayments, mobile phone credit card transactions and loans. Economic impact of remittances from foreign workers using SMS credit to avoid foreign exchange transaction costs. How biometrics fingerprint technology will allow large mobile phone payments. Commissions and interest charges on loans. Impact of revenues from American Express, Visa, Delta, Access, Mastercard moving to mobile phone transactions. Conference keynote speaker and Futurist Dr Patrick Dixon. Patrick Dixon has given keynote presentations on a wide range of issues in Central America, Latin America, Central Europe, Eastern Europe, Baltic States, Middle East, Africa, Central Asia and South East Asia. Countries include Barbados, Belarus, Brazil, Burundi, China, Czech Republic, Democratic Republic of Congo, Egypt, Estonia, Fiji, Estonia, Hungary, India, Kazakhstan, Latvia, Malaysia, Mexico, Morocco, Nigeria, Panama, Poland, Romania, Russia, Saudi Arabia, Singapore, Slovakia, Slovenia, South Africa, Thailand, Turkey, Ukraine, Uganda, United Arab Emirates and Zimbabwe.
The way of the future. How far we have come or have we? I am not sure though because the average cell phone user changes their phone every 18 months because of loss or damage.
onlinebizleadcoach 2 years ago
Yes phone reliability needs to improve.
pjvdixon 1 year ago
another way for criminals to safely move funds internationally..... eventually placing more pin numbers, biometrics etc having to be used for the common law abiding user.
I hope carrier who take this onboard are ready for the increased traffic, SMS used to be delayed up to 2-3 days here in australia in heavy communications events like new years eve / xmas
ozzietj 2 years ago
True - criminals will try to attack mobile payments - they already are.
pjvdixon 1 year ago
Suggesting the concept of using the mobile phone in place of credit cards or for trading the money.Excellent idea which can happen soon. But we do need banking system to run this concept in financial setup one needs a system like banking and ready network to in place like banking sector which can take the advantage of this new technology like internet banking.Good idea.
FocusIndia 3 years ago
Yes mobile payments will operate alongside traditional banking.
pjvdixon 1 year ago