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December 20, 2011

2012 outlook by Fundamo

By the end of 2012, mobile financial services will have connected billions of unbanked and under-banked consumers to each other and the global financial economy

By Verdict Staff

Hannes van Rensburg , CEO of Fundamo says:

“By the end of 2012, mobile financial services will have connected billions of unbanked and under-banked consumers to each other and the global financial economy.

The key enabler to this success will be the introduction of interoperability.

15 years ago texting and calling on GSM were restricted by geographical boundaries and mobile networks. The success that followed began when these restrictions were lifted.

During 2012, the mobile money industry will begin its journey to global success, following in the footsteps of GSM, by introducing the freedom for consumers to send money to anyone, anywhere.”

 

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