Comments on: mcommerce in the UK http://www.opengardensblog.futuretext.com/archives/2005/07/_image_source_h.html Wireless mobility - Innovation - Digital convergence - mobile web 2.0 Thu, 19 Jan 2012 13:47:14 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Ian Wood http://www.opengardensblog.futuretext.com/archives/2005/07/_image_source_h.html/comment-page-1#comment-681 Ian Wood Wed, 06 Jul 2005 22:31:49 +0000 http://dev5.indigocontenthost.co.uk/archives/2005/07/_image_source_h.html#comment-681 Ajit, I think that you have to be careful with your development on a debate on M-Commerce. I have been working in this area for some time now and recent projects have seen me working with the Banks rather than the networks. The first issue is a simple question of just what is the business case? Conversations with some of Europe's largest networks means that at present they are yet to have developed a reasoned business case just look at the fall of SIMPAY! The second issue is regulation if M-Commerce takes off just when does your Phone Company become a Bank? Can a Mobile Network work under the same rules as a retail bank in terms of liquidity? Perhaps you can have a better debate here rather than inside Ecademy and develop a better understanding of just what the future could be for e-money in the Mobile space. Ajit,
I think that you have to be careful with your development on a debate on M-Commerce. I have been working in this area for some time now and recent projects have seen me working with the Banks rather than the networks.
The first issue is a simple question of just what is the business case? Conversations with some of Europe’s largest networks means that at present they are yet to have developed a reasoned business case just look at the fall of SIMPAY!
The second issue is regulation if M-Commerce takes off just when does your Phone Company become a Bank? Can a Mobile Network work under the same rules as a retail bank in terms of liquidity?
Perhaps you can have a better debate here rather than inside Ecademy and develop a better understanding of just what the future could be for e-money in the Mobile space.

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