Comments on: Taking a look at Anam’s SMS Money Transfer service http://www.mobileindustryreview.com/2007/06/taking_a_look_at_anams_sms_money_transfer_service.html Daily news and opinion for 250,000 industry executives and mobile fanatics Wed, 10 Feb 2010 02:15:33 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Haydn Ellison http://www.mobileindustryreview.com/2007/06/taking_a_look_at_anams_sms_money_transfer_service.html/comment-page-1#comment-85239 Haydn Ellison Fri, 10 Aug 2007 17:00:58 +0000 http://www.smstextnews.com/2007/06/taking_a_look_at_anams_sms_money_transfer_service.html#comment-85239 I would like to create a proof of concept for money/currency transfer both here in the UK, USA & Europe, possibly using a combination of smart card technology or preferably an m-wallet/ M-PESA via a mobile phone. Is there anyone in your organisation that could help or give any practical advice and cost could be upwards of $500,000-$5,000,000? KInd regards Haydn I would like to create a proof of concept for money/currency transfer both here in the UK, USA & Europe, possibly using a combination of smart card technology or preferably an m-wallet/ M-PESA via a mobile phone. Is there anyone in your organisation that could help or give any practical advice and cost could be upwards of $500,000-$5,000,000?

KInd regards
Haydn

]]> By: Jeroen http://www.mobileindustryreview.com/2007/06/taking_a_look_at_anams_sms_money_transfer_service.html/comment-page-1#comment-68531 Jeroen Mon, 09 Jul 2007 11:20:29 +0000 http://www.smstextnews.com/2007/06/taking_a_look_at_anams_sms_money_transfer_service.html#comment-68531 We've build a system like that as well here in The Netherlands including merchant payments as well. We’ve build a system like that as well here in The Netherlands including merchant payments as well.

]]> By: njar http://www.mobileindustryreview.com/2007/06/taking_a_look_at_anams_sms_money_transfer_service.html/comment-page-1#comment-61434 njar Tue, 19 Jun 2007 11:26:42 +0000 http://www.smstextnews.com/2007/06/taking_a_look_at_anams_sms_money_transfer_service.html#comment-61434 I quite like this.. The main differentiator between this and the Paypal service, is that this is very much a carrier value add proposition rather than a 3rd party standalone service. What's great about the Anam service is also what's bad about it.. It's easy to use, due to the fact they are getting the carriers to effectively set up the keyword ''#cash' and simply pass all messages to this keyword to them directly. This will make for an awesome user experience, but due to the reliance on the carriers to have implemented this system, it will be default only ever work on a limited number of carriers. Many carriers won't go for this, and similarly lots won't be able to technically/logistically. There will need to be a lot of work done by Anam to court the carriers, however If they manage to get some decent networks on board it could take off. Now that's not to say Paypals task is easy.. They don't need to persuade the carriers to set up a universal keyword, rather they use a short code. This in itself is an arduous task, but I guarantee more networks offer shortcodes than will easily be persuaded to take up Anam's system (at least in the short term). Personally I like both services. I quite like this..

The main differentiator between this and the Paypal service, is that this is very much a carrier value add proposition rather than a 3rd party standalone service.

What’s great about the Anam service is also what’s bad about it.. It’s easy to use, due to the fact they are getting the carriers to effectively set up the keyword ”#cash’ and simply pass all messages to this keyword to them directly. This will make for an awesome user experience, but due to the reliance on the carriers to have implemented this system, it will be default only ever work on a limited number of carriers. Many carriers won’t go for this, and similarly lots won’t be able to technically/logistically. There will need to be a lot of work done by Anam to court the carriers, however If they manage to get some decent networks on board it could take off.

Now that’s not to say Paypals task is easy.. They don’t need to persuade the carriers to set up a universal keyword, rather they use a short code. This in itself is an arduous task, but I guarantee more networks offer shortcodes than will easily be persuaded to take up Anam’s system (at least in the short term).

Personally I like both services.

]]> By: Toby http://www.mobileindustryreview.com/2007/06/taking_a_look_at_anams_sms_money_transfer_service.html/comment-page-1#comment-61408 Toby Tue, 19 Jun 2007 09:07:35 +0000 http://www.smstextnews.com/2007/06/taking_a_look_at_anams_sms_money_transfer_service.html#comment-61408 So just like the paypal system for mobiles then (aside from not needing a paypal account obviously). How does the system make a profit then? So just like the paypal system for mobiles then (aside from not needing a paypal account obviously).

How does the system make a profit then?

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