mBanking

Meier says that mBanking is used by a vast majority of the poor (from an older post of his: “of the 140 million poor people employed who receive social payments (akaG2P), less than 1/4th receive their payments via bank accounts”), but there is the danger of customer complaints being ignored or inordinately delayed in being dealt with, and of agents being untrustworthy.

Thoughts on an advertising model for Ushahidi-mBanking « One Size Fits One 2009

This is mobile banking, aka mBanking or SMS banking.

Marian Salzman: Tapping Consumer Minitrends: Predictions for 2011 Marian Salzman 2010

This is mobile banking, aka mBanking or SMS banking.

Marian Salzman: Tapping Consumer Minitrends: Predictions for 2011 Marian Salzman 2010

This is mobile banking, aka mBanking or SMS banking.

Marian Salzman: Tapping Consumer Minitrends: Predictions for 2011 Marian Salzman 2010

This is mobile banking, aka mBanking or SMS banking.

Marian Salzman: Tapping Consumer Minitrends: Predictions for 2011 Marian Salzman 2010

The whole project could be made sustainable via advertising space sold on the Ushahidi-mBanking site as well as broadcast SMS ads.

Thoughts on an advertising model for Ushahidi-mBanking « One Size Fits One 2009

So when Iread a blog postbyPatrick Philippe Meier, a research fellow at Harvard and a doctoral candidate at Tufts University, about the potential use of Ushahidi for mobile banking (or mBanking), I immediately wanted to know more.

Thoughts on an advertising model for Ushahidi-mBanking « One Size Fits One 2009

With Blyk, brands pay the company to get their messages out to their target audience (the youth), and with Ushahidi-mBanking, brands can pay the networks (Safaricom, Zain or anything else) to get their messages out to lower-income people.

Thoughts on an advertising model for Ushahidi-mBanking « One Size Fits One 2009

Thoughts on an advertising model for Ushahidi-mBanking

Thoughts on an advertising model for Ushahidi-mBanking « One Size Fits One 2009

Bringing mobile communication to remote locations is making a tremendous and positive impact on agricultural development, on distribution of funding for aid and refugee programs, and on and on. mHealth will allow healing where there existed only pain and suffering. mBanking may potentially have a negative impact on the traditional barter system, but it will allow people who previously couldn't trade equitably to now enter into business relationships.

Jim Luce: The Impact of Cell Phones on Psychology, Community, Culture, Arts and Economics 2010