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Mobile-phone credit as a tradeable currency |
axxxr
Joined: Mar 21, 2003
Posts: > 500
From: Londinium
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Via: BBC
Safaricom, Kenya's largest mobile phone company, has launched a new service allowing subscribers to buy prepaid phone cards which enable them to transfer any selected amount of surplus minutes to other subscribers, using SMS.
You can pay a supplier with it, or even create a little bank of phone call credits to sell to others. This new cyber currency can be sent anywhere in the country at the press of a button, without needing a bank account or incurring high bank charges. The mobile phone is multiplying its revolutionary impact on the lives of the poor, giving them facilities once available only to the rich.
www.safaricom.co.ke
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JK
Joined: Feb 24, 2005
Posts: > 500
From: S. Africa - JOZI
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we have this, for about 1,5 years already...
very dangerous... eg "Hi, can i see your phone?" send R1000 (200 pounds) to a couple peeps... "wow!! beautiful phone!!!"
see!! |
parsnip
Joined: Oct 26, 2004
Posts: 386
From: England
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not really ...
www.aviatorforums.co.nr |
OluYom
Joined: Oct 27, 2004
Posts: > 500
From: Nigeria
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Mtel Nigeria runs a similar service. Its been on for a couple of months now.
I like the idea and look forward to this being operative across different networks (dont ask me how  )
PS: I used to be known as AYA |
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Posted: 2005-07-08 09:11
