Relaunching Micro & Mobile payment in Indian Ocean May 11, 2009
Posted by iogateway in Business Opportunities.Tags: 1ClickCharge, Clickshare, Common Markup for Web Micropayment Systems, CyBank, Cybercash, Cybercoin, Digicash, e-commerce indian ocean, e-micro payment, eCash Technologies, m payment, micro cash, micro credit, micro payment, Micro Payment Transfer Protocol (MPTP), micropayment wallets and servers, Millicent, mobile payment, NetBill, PayPal/X.com, PayWord and MicroMint, QPass, Trintech, Trivnet's
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There is one single thing which you learn in the first marketing course. Product or service needs to meet clients expectations. What about M-payment such as mobile payment and online micro payment? If you look carefully indian ocean people daily usage on Trade, you will see that regarding their purshasing power, they will prefer pay goods by using small amounts. Habits or economic realism?
Due to their lifestyle people use to for their daily or weekly purshasing. Consuming fresh goods is as obvious as paying by visa credit card when you shop online. Most of shops or groceries are funded by micro credit institutions. World bank and other UN organizations wiht local hand by hand support the development of microcredits. Market and consumers are receptive for the utility of this way to pay goods thanks to their daily habits. We have clients expectations, financial institutions and governments support the market: Product ! where are you?
Market size is as bigger as profitable because 80% of inhabitants would adopt micropayments. When you add up this information to the mobile penetration market, financial analysts could get their killer apps of the year. Indian Ocean and East african zone is a micro and mobile payment paradise. Probably the solution to launch profitable e-commerce business.
More micropayment articleshttp://www.transaction.net/payment/micro.html
