Mobile Calendar: October

By  |  January 27, 2011
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    Payments in Developing Economies

     

    Nokia Money

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    • Collaboration between Nokia, YES Bank and Obopay launched in 2010.

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    • P2P payment platform allows users to transfer money by using mobile phone numbers. 

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    • Users can also pay utility bills and top-up SIM cards.

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    • 600M+ mobile phone subscribers in India in 2010.

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    • Mobile payments in India projected to reach $1.28 billion in 2013.

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