In 2002 I was in a Mobile banking solution Presentation with Nedbank.
The corporate Idiot there said" We can not change the price of money now -they will kill us "
The guy from FNB said" Do you guys think their is at all a market out there for the Unbanked and for micro transactions "hahahaha
and at that time he was busy setting up blue beans initiative
Now all of a sudden Standard bank and all wants to persue these micro mobile payments after 10 years--and they had the advantage in hand.
The Banks and the Supermarkets are our downfall in this country