Comments on: FNB MXit Moola – Micro-Payments coming to MXit?

By: Review of 2009 predictions (What came true?) | Web AddiCT(s);

Review of 2009 predictions (What came true?) | Web AddiCT(s); — Mon, 28 Dec 2009 16:51:04 +0000

[...] (Transfer Moola between contacts), become more ’social’ & adopt QQ monetization techniques. FNB, Standard Banks mimoney are both available on MXit and there are a few games available on the [...]

By: MXit Mobile Banking with Standard Bank (told you so) | Web AddiCT(s);

MXit Mobile Banking with Standard Bank (told you so) | Web AddiCT(s); — Tue, 17 Feb 2009 15:55:45 +0000

[...] to comments In the 09 micro-predictions for ‘09 I stated that … MXit shall offer peer-to-peer micro-payments (Transfer Moola between contacts), become more ’social’ & adopt QQ monetization [...]

By: Chris M

Chris M — Sun, 01 Feb 2009 21:46:46 +0000

Look at that dodgy “cool” backlink, what’s going on there?

And backlinks on mine, tisk tisk

By: idale

idale — Fri, 30 Jan 2009 12:27:02 +0000

I think this is a great step forward for mobile banking, however I argue that the sms method of purchasing Moola is far simpler and makes more sense considering you’re buying it with airtime as apposed to cash.

I long for the day we are able to make common purchases using our phones airtime balance as a “mobile bank account”…

By: 09 Micro-Predictions for South Africa in 09 | Web AddiCT(s);

09 Micro-Predictions for South Africa in 09 | Web AddiCT(s); — Wed, 28 Jan 2009 12:14:21 +0000

[...] MXit shall offer peer-to-peer micro-payments (Transfer Moola between contacts), become more ’social’ & adopt QQ monetization techniques. [...]

By: Arthur Devriendt » Blog Archive » Le téléphone portable, facteur de développement

Tue, 27 Jan 2009 17:45:28 +0000

[...] Aujourd’hui, j’ai essayé de me lancer dans la rédaction (nous devons rendre nos 10 feuillets à la fin de ce mois) mais voilà que je me heurte à la formulation du sujet, qui est la suivante : “La téléphonie mobile, facteur de développement”. Sans point d’interrogation, il me semble que les initiateurs du projet attendent de moi que j’aille dans le sens de leur affirmation en énumérant un certain nombre d’initiatives intéressantes réalisées sur le continent africain autour de la téléphonie mobile (ex : le micro-paiement peer-to-peer en Afrique du Sud).. [...]

By: Theo

Theo — Tue, 27 Jan 2009 13:45:26 +0000

You can see this as P2P micro-payments, although it’s confined to the walled garden that is MXit, so the Moola is only useful there. Converting to and from real currency is where it would really get interesting! Ukash offers vouchers that can be bought cash and used online (WAP/web), while mobile payments services like Pocit and SWAP allow P2P transfers between mobile phone users – although not without bank accounts. Watch this space, 2009 is going to be an interesting year for mobile banking and payments…