The Next Frontier For Electronic Payments
@WorldBank: News: Governments can save up to 75% with electronic payment programs. http://bit.ly/NLAKtR
There’s a huge opportunity here, as just one in four of what the World Bank defines as low-income countries process government-to-person (G2P) payments electronically. The same report estimates that G2P transfers can represent between 15 and 45 percent of GDP.
@Clairmail: Why Companies Are Racing To Be The First To Master Mobile Payments … #mpayments
In a cool video interview, Citi Global Mobile Solutions VP Kevin Brown and Dwolla CEO Ben Milne take on a broad topic: what’s so great about mobile payments? Brown splits mobile markets into two categories, while Milne talks specifically about what consumers and merchants want.
@NRFnews: From the #swipefee settlement to @STORESmedia's Top 100 retailer list, see what NRF's hottest resources were in July http://ow.ly/cH2QA
The settlement between Visa, MasterCard, issuers and merchants made July a huge month for payments. At Retail’s BIG Blog, the National Retail Federation collects that story and all the other big features from the past few weeks to provide a comprehensive industry review.
@prepaidexpo: Jack Dorsey’s Square and The Future of Payments Industry http://ow.ly/cGBdp
A share from the Expo pulls an interesting quote from a June 2012 Jack Dorsey interview. Dorsey wonders: “When will Square have broken through? We look at volume going through the system, active users, sign-ups, risk. Some combination of those implies concrete success. I’m not sure what that combination is now, but, you know, we’re only two years old.”
@wpinkerton: Best Place in the World to Start a Company… via @Inc | Think @dwolla in Des Moines.
Since when is Des Moines, Iowa, the best place to start a company? According to Yale’s Olav Sorensen: when you’re from there. Sorensen is arguing that an entrepreneur’s hometown is the best place to start a company; this tweet suggests Dwolla and Ben Milne are a good example of that.
Happy tweeting, loyal readers.
Please send all press releases and story ideas to Ben Carsley at firstname.lastname@example.org.