As m-commerce becomes increasingly mature and mainstream, we as an industry must explore ways to work together to break down silos and develop an ecosystem that benefits the entire value chain.
It's Time for Open Money
The freedom to send, spend and receive money with a mobile phone is quickly becoming an essential part of life for billions of people. It's a cornerstone of the Networked Society, a strong driver of ubiquitous access to mobile money, and a great business opportunity. It also calls for change. A change where existing payment networks are connected and interoperable.
We drive this change of making money more open by developing secure, flexible m-commerce platforms that help build an interconnected and transparent financial ecosystem.
We believe that when money is open, everyone will benefit.
The Call for Change Blog
Better Than Cash is a new initiative that has been established to support the billions of people excluded from the formal financial sector through the adoption of mobile payments.
We all want the best for our children, wherever they choose to study. This is why it is important to develop ecosystems in which the flow of international transfers and remittances are made more convenient, secure and traceable.
Anyone that drives to work via a toll road or bridge will be pleased to know that payments could become much simpler. Taking a toll road is supposed to be a convenience, but the payment process has made it nothing but a hassle for most drivers. This is where Ericsson Radio Dot System comes in.
Ahead of Mobile Money Africa 2014 in Johannesburg next month, Ericsson M-Commerce's Kavit Pandya looks at the role merchants can play in the m-commerce arena in Africa thanks to their proximity to consumers.