Bandwidth Barn News & Discussion Board

Just another WordPress.com weblog

Can These Startups Beat Paypal?

leave a comment »

At a recent Cape IT Initiative (CITI) strategy meeting held at the Bandwidth Barn, we discussed the huge opportunities still available for developing innovative ICT solutions for especially mobile platforms, and how ICT can be utilised as an enabler across the various [economic] growth sectors in the Western Cape.

 

I came across this article in which Stacey Higginbotham looks at various possibilities for further development of online and especially mobile payment systems. I hope the article gets the creative [read innovative] juices flowing.

 

Stacey writes for GigaOM. The article also appeared on BusinessWeek.com

 

 – Chris Vermeulen

 

Moving Money Online Stills Needs Work

Credit cards and PayPal notwithstanding, there is still room for new approaches to Web payments, particularly in the mobile realm

 

Despite the acceptance of credit cards and services like PayPal, the issue of getting money from one person to another online still offers opportunities for innovation. Venture firms are continuing to fund startups that hope to offer better ways to pay online, while the growth of Software as a Service in the enterprise has led to a need for new tools in corporate billing management. Further out, buying items over a mobile phone presents a multibillion-dollar opportunity — if someone can make it easy.

 

Read the full article at: http://gigaom.com/2008/09/26/moving-money-online-still-needs-work/

 

 

Advertisements

Written by bandwidthbarn

September 27, 2008 at 8:45 am

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: