Essay: Mobile and Peer-to-Peer Banking

[prophetx]

more of an academic paper, but something i wrote up recently that looks at mobile and p2p banking from the percepective of disruption theory

https://docs.google.com/document/d/1sX8WZq-BMiz75Er8C_dtrWWCgxOIoyWR6nyzrcIx4kw/pub

[1713298461]

1713298461

[1713298461]

1713298461

[1713298461]

1713298461

[1713298461]

1713298461

[xxjs]

more of an academic paper, but something i wrote up recently that looks at mobile and p2p banking from the percepective of disruption theory

https://docs.google.com/document/d/1sX8WZq-BMiz75Er8C_dtrWWCgxOIoyWR6nyzrcIx4kw/pub

Nice writeup.

[inspiredinvestor]

nice one prophetx , definitely interested in seeing how bitcoin and mobile payments come together, in particular in Africa.   
has the M-pesa system run into any regulation problems?

[prophetx]

nice one prophetx , definitely interested in seeing how bitcoin and mobile payments come together, in particular in Africa.   
has the M-pesa system run into any regulation problems?

from what I can tell, and i definitely need to do a bit more reading up on it, there is some sort of tax on mpesa transaction fees as of last year, and apparently the gov't is a partial owner, which i was not aware of previously.  so it seems the govt just sees it as another revenue stream.

http://www.humanipo.com/news/1782/kenyas-treasury-to-tax-m-pesa-transactions/

http://www.economist.com/news/finance-and-economics/21579870-east-african-governments-are-targeting-telecoms-firms-charging-mobile.

[b!z]

Very interesting read. I learned a lot about mobile transactions. Thanks!

[inspiredinvestor]

nice one prophetx , definitely interested in seeing how bitcoin and mobile payments come together, in particular in Africa.   
has the M-pesa system run into any regulation problems?

from what I can tell, and i definitely need to do a bit more reading up on it, there is some sort of tax on mpesa transaction fees as of last year, and apparently the gov't is a partial owner, which i was not aware of previously.  so it seems the govt just sees it as another revenue stream.

http://www.humanipo.com/news/1782/kenyas-treasury-to-tax-m-pesa-transactions/

http://www.economist.com/news/finance-and-economics/21579870-east-african-governments-are-targeting-telecoms-firms-charging-mobile.

I need to do more reading on this too (and maybe some youtubing as I want to see M-pesa in action, understand the process.

[prophetx]

nice one prophetx , definitely interested in seeing how bitcoin and mobile payments come together, in particular in Africa.   
has the M-pesa system run into any regulation problems?

from what I can tell, and i definitely need to do a bit more reading up on it, there is some sort of tax on mpesa transaction fees as of last year, and apparently the gov't is a partial owner, which i was not aware of previously.  so it seems the govt just sees it as another revenue stream.

http://www.humanipo.com/news/1782/kenyas-treasury-to-tax-m-pesa-transactions/

http://www.economist.com/news/finance-and-economics/21579870-east-african-governments-are-targeting-telecoms-firms-charging-mobile.

I need to do more reading on this too (and maybe some youtubing as I want to see M-pesa in action, understand the process.

i have a a Nigerian friend who has worked in the banking industry in his country who just finished his masters thesis on mpesa, I will try to see if I can obtain a copy.

[inspiredinvestor]

i have a a Nigerian friend who has worked in the banking industry in his country who just finished his masters thesis on mpesa, I will try to see if I can obtain a copy.

that would be great, there is so many countries that could benefit with a vehicle like mpesa in conjunction with bitcoin.