Wednesday, March 26, 2008

Mobile phones and banks, banking transactions future trends

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.

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Anonymous need cash said...

It's true that telecommunication companies are becoming like banks since they are now offering services where you can transact money from your account with a service fee that depends on the company.

1:47 AM  

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