[governance] Web payments

[Hakikur Rahman]

Mobile money is also getting very popular in Bangladesh. It has 
various reasons. Easy access, fast, and reliability could be a few.

Thanks,
Hakikur

At 21:45 16-04-2013, McTim wrote:
>On Tue, Apr 16, 2013 at 4:19 PM, Ian Peter <ian.peter at ianpeter.com> wrote:
> > interesting, I didn't know that.  In my country a bank account is a lot
> > cheaper than a mobile phone or internet access.
>
>
>If you need to spend many hours traveling to a bank AND are too poor
>to pay fees/have an initial deposit, etc, opening a bank account has
>many hurdles.
>
>A mobile phone that can text is all you need, these are pretty cheap
>in most of Africa.
>
>
> >
> > So where does bitcoin fit into this sort of equation? And is the mobile
> > money bank related or non bank related? (not all paypal I hope...)
>
>
>none of it is paypal.  I doubt bitcoin fits into any current mobile
>money equation.
>
>mobile money is just that, you load it onto your phone (like 
>"airtime") using a
>local agent and can transfer it via SMS/app to a bank account/phone
>number/school, etc.
>
>--
>Cheers,
>
>McTim
>"A name indicates what we seek. An address indicates where it is. A
>route indicates how we get there."  Jon Postel
>
>
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