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2 Comments

  1. Ishwar S

    Though what you mention is the current state of mobile banking, with downloadable applications working on high end phones only, mChek has been running pilots on basic phones to enable banking for the bottom of the pyramid.

    Maybe you would be interested in checking it out. http://www.youtube.com/watch?v=UIexVPmfUqY

    Disclaimer: mChek employee

  2. Andrew Mugred

    Like India… Pakistan’s significant amount of population is still unbanked!! and to cater the unbanked they have come up with mobile banking.. a service called “Easy Paisa” (www.easypaisa.com.pk) is recently launched there…. I found this service innovative in the sense that it uses POS(Point of sales) agent format to help people pay utility bills and transfer money… So if you are unbanked and even dont have a mobile… you still can opt for mobile banking!! Sweet:)

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