Questions & Answers
Ideas
Lab Projects
Edit
|
06/04/2004

Money Tansfer System via Mobile Phones

The Flash 9.0.0 plugin or higher is required to view content on this page, but was not detected on your browser.
Get Flash Player
  The biggest hurdle to a physical money free society is small, personal payments.
  The easiest way to pay my friend £10 is to give him a £10 note. I could make a £10 PayPal transaction to him, but not if i am out, not at comp.
  But what if you could transfer money (like paypal) over your mobile phone?
  I could simply text a company the AMOUNT, your PIN, and the destination MOB NUMBER, and it would electronically transfer the requested amount to that persons bank account. It could send receipt txt to both people!
  what do you think?
Discussion
Picture
matthewfelgate
 
Not Rated
Previous Next