This video produced in late 2006, provides highlights of the early efforts to use mobile phones to facilitate banking services for rural bank clients in the Philippines. This effort has been led by the Rural Bankers ociation of the Philippines Microenterprise Access to Banking Services (MABS) Program (a USAID-assist program with Chemonics International as [...]

http://www.globalchange.com Banks will become phone companies and telecom companies will become banks. Mobile payment systems, micropayments, mobile phone credit card transactions and loans. Economic impact of remittances from foreign workers using SMS credit to avoid foreign exchange transaction costs. How biometrics fingerprint technology will allow large mobile phone payments. Commissions and [...]

This 2008 video provides an update about the mobile phone banking and mobile commerce services being offered by rural banks in the Philippines. For more information, go to www.mobilephonebanking.rbap.org.
This video was made possible with support provided by the U.S. Agency for International Development under the terms of contract number 492-C-00-98-008-00. The opinions expressed herein [...]