This is a interesting article and video, what this guys is saying is what will take place in the next five years. Enjoy
http://tribalnets.blogspot.com/2010/05/mobile-phones-threat-to-banks-end-to.html
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- Mobile Media Info Tech Limited
- Mobile Media Info Tech Limited mission is to revolutionize the traditional ways of money transfer and mobile banking by introducing mobile technology to augment ways through which mobile phone users can make all financial transactions and cater to their emergency money needs. The MMIT Package is a revolutionary M-Wallet that offers an alternative and cost effective medium for consumers to perform mobile money transfers, manage their money, and utilize their money in real time. The MMIT M-Wallet is a 2-in-1 mobile application solution that caters to: People with functional bank accounts and ATM cards-classified as the Banked. Those financially active majority who remain Unbanked
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