Showing posts with label Haiti. Show all posts
Showing posts with label Haiti. Show all posts

Haiti and the Emergence of Mobile Payments

First: we here at FIWK send our thoughts and prayers to everyone affected by the earthquake that struck Haiti a few days back.

I wanted to use this space to bring up a topic we've already discussed twice here a FIWK (here and here): mobile commerce. We spent a good bit of time last week discussing the craziness that is the current technology sector, and what we thought the Telecom landscape might look like in 2020. However, I don't believe we once noted mobile payments - a concept that has blown up surrounding The Red Cross' relief efforts in Haiti (to the tune of $2M). The company responsible for the technology used by the Red Cross is mGive, and it's CEO noted that their Haiti effort could be a tipping point for mobile giving.

What are your thoughts? Do you think Americans are more likely to use such a service for normal payments now that they've seen how easy the process is?