Technology to drive banking costs down

the technology may be there... but the will of the banking industry is not to drive costs down... it is to screw you for all you are worth (and then to screw you for how much credit you can handle). Hopefully these other players will be able to save us some real money.
 
They are fairly open that one of the main objectives is to generate more revenue generatig transactions.

That is why we are making it easier to do transactions on mobile devices for example.
 
I don't think this will happen. Standabank charges you 60c to send a proof of payemnt e-mail. How they get to that amount is an open question, so how would this then bring costs down if overcharge you like that for older establised and dirt cheap technologies?
 
Veroland said:
They are fairly open that one of the main objectives is to generate more revenue generatig transactions.

That is why we are making it easier to do transactions on mobile devices for example.
Click to expand...

Example is Wizzit - it is a snap to transfer money to another account, buy airtime and so on.

I do payments via Internet as it's easier to load a CSV file containing all the information and running it at one go than tap-tap-tapping at the small cellphone keyboard. (Can be done, but it's too much of a hassle).
 
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