Mobile

www.globalchange.com Banks will become phone companies and telecom companies will become banks. Mobile payment systems, micropayments, mobile phone credit card transactions and loans. Economic impact of remittances from foreign workers using SMS credit to avoid foreign exchange transaction costs. How biometrics fingerprint technology will allow large mobile phone payments. Commissions and interest charges on loans. [...]

www.globalchange.com Mobile phone companies could threaten banks with mobile payment systems. End to credit cards, cash cards and other traditional banking methods. Micropayments already used for foreign exchange transactions. Banking will grow using PDAs and other mobile devices. How banking industry will look for new partnerships with mobile phone operators and device manufacturers. Future of [...]