| Mobile Markets |
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Overview: The potential markets that can be penetrated with a mobile solution are nearly endless.
Below are some markets that can be reached with a mobile solution. We believe that there is a mobile business case for a large number of industries and that a mobile solution will create an additional market channel for a company's existing products and services. Banking:
Banking institutions can use the mobile platform for receiving payments, refunding and performing basic banking functions, including balance enquiries, inter-account transfers and account information requests.
Financial service:
Financial service institutions can extend their services on a mobile platform. Clients will be able to view information, request service calls and shift funds. Additional functionality includes stock trading, requesting quotes, keep track of financial indexes, viewing statements and any other services that are currently available on traditional e-commerce offerings.
Person to person fund transfers: Person to person fund transfers can be made possible by direct payments on mobile devices. This will have a significant impact on the informal sector where traditional cash payments can potentially be brought into the formal sector. |
