Tuesday, September 25, 2012

M- Banking or Electronic Wallets


- What I know before researching?

- Electronic wallets o m- banking is when you do transactions our something evolving economy  on internet. Like when you buy things in the stock or you manage your account via internet.

- Questions I have about?

- How can you use it?
- Is it safe?
- What websites can work with electronic wallets?
- Is it cheap?
- It has something evolving banks?

-Links I used for help?

-http://www.economist.com/node/21554744



Bullet list of things you learned about the topic (at least 5)

 At the FinovateFall 2012 conference this week in New York, PreCash announced that it's field-testing FlipMoney, a digital wallet app linked to a prepaid debit card.

- Its really rent able to be a owner of a electronic because just in the USA 20% of the people are under bank. But in un- developed countries there's a higher rate of under bank people.

-The fees are similar compared to the banks: a $3 activation fee, a $5 monthly charge, a $2 ATM charge and a $1.50 bank-to-card transfer fee. Peer-to-peer transfers are free.

- In Kenya the majority of the population uses a electronic wallet called M- Pesa.
- Its really good to buy in the internet and is safer than in a normal credit card.

- How it can connect to my life?

This can connect to my life because I am an internet shopper and this can be safer that buying with a credit card. 

- Another Question I have?

- Does it work in Colombia?



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