Housing Finance Bank in Uganda today launched a payment solution called MCash that combines access channels of fingerprint biometrics, NFC, mobile and web...
Personally I see NFC as an over hyped technology, It does nothing new, you still need the tills, you still need to go to the counters and for all intents, it only saves a couple of seconds (swiping vs NFC'ing), It also requires a substantial amount of capital outlay to roll out with little in terms of value proposition.my 2cnts.On Thu, May 3, 2012 at 1:08 PM, Mbugua Njihia <mbugua@symbiotic.co.ke> wrote:
_______________________________________________Mobile payments has taken the attention of many firms globally from mobile network operators, credit card providers and others looking to benefit from the mobile lifestyles of the worlds 5 billion plus connected consumers. MasterCard, Visa, Western Union, PayPal and a host of startups are dabbling in the space with each jostling for leadership position in a billion dollar market opportunity.
Complete article here - bit.ly/K0nEmX
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