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Mobile Payments: The Trillion Dollar Industry That's Never - AgileVC

Agile VC

Swipely is focused on payment marketing, namely unifying loyalty programs and payments for main street merchants. M-Pesa created by mobile carrier Safaricom in Kenya is the best known example of this. And at the end of the day it appears Isis will just be working with the existing credit card networks Visa, MC, Amex, & Discover.

Mobile 250
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Are Banks the Next Dinosaurs?

thebarefootvc

The most documented example of this is M-Pesa’s mobile money platform in Kenya, which I have written about a few times on this blog, including in my thesis piece When Third is First. employ 60K people in 11 countries. Banks, if they don’t begin to explore new business models to service customers, will become extinct during this process.

article thumbnail

Are Banks the Next Dinosaurs?

thebarefootvc

The most documented example of this is M-Pesa’s mobile money platform in Kenya, which I have written about a few times on this blog, including in my thesis piece When Third is First. employ 60K people in 11 countries.