Case Study Of M-Pesa

The motto of the federal agency, Department of Health and Human Services, elaborates its core responsibilities in a nutshell. The motto reads, “Improving the health, safety and well-being of America.” Fundamentally, the agency is mandated with the provision of essential health services that guarantees all Americans better healthcare that is not only accessible but also meet all the necessary standards (McGuire, 2011). The agency was established on April 11, 1953 under the jurisdiction of the federal government of the United States. Its headquarters is located in the Hubert H. Humphrey Building, located at 200 Independence Avenue, S.W.

According to the most recent Federal Reserve study; most of us haven’t set foot in a banking hall in ages. It is a lost battle to banks that opt to use traditional methods to conduct their banking transactions (Gup 2003). By December of last year, close to half of all smartphone users in the United States had transacted some or all of their banking on their phones and iPhones. In the United Kingdom alone, rates of mobile banking transactions doubled over the course of a single year (Scn Education 2001). A banking business that invests in this type of technology gets assured of increasing their customer base.

The Maryland Personal Information Protection Act (MPIPA) was enacted to help ensure that Maryland consumers’ personal identifying information is reasonably protected, and in the case of a breach, the consumer is notified so that they can take measures to protect themselves. While it has provided many essential safeguards, Maryland can take a step towards more robustly protecting itself and its citizens by amending and expanding certain provisions of the MPIPA.

. Mobile payment users >190 MM in2012, which is over3 % of total mobile users worldwide a level considered as "mainstream”

ABTA retail agents use the resulting ways to get the competitive advantage those are sated further down:

In many developing countries it's common for a person to have a mobile phone but not a bank account. In fact, more than 1 billion people fit this description, and the number is only likely to increase. To that end, many companies are considering how to give residents access to banking services via their handsets. The GSM Association predicts that by 2012, nearly 300 million of the previously "unbanked" will be using some form of mobile banking.

Many financial institutions across the world have adapted to the change towards the cashless society by implementing electronic funds transfer via automated teller machines (ATM’s) and of late, the internet. By having a simple plastic card, society could completely eliminate the need for cash. The benefits range from the end user through to the government and the

The online payment marketplace is experiencing an explosion of innovative ideas, plans, and announcements, which one commentator has likened to a “goat rodeo”, a chaotic situation in which powerful players with different agendas compete with one another for public acceptance, and above all, huge potential revenues. Others liken the payment marketplace to a battle among the four platform titans Apple, Google, Facebook, and Amazon. Each of these titans have their own versions of a future payment system that challenges the other players. And let’s not forget PayPal, the reigning power in alternative online payment, or the credit card companies who process over 70% of online payments, or the

Bitcoin (BTC), a cryptocurrency, is a type of digital currency which was introduced in 2009 by pseudonymous developer "Satoshi Nakamoto". Since then 12 million bitcoins have come into existence with a current market cap of around 8 billion USD [1]. The algorithm is designed as to allow only 21 million BTC to come into existence ever. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network [2]. Bitcoin is not the first attempt. But none have managed before to take off so dramatically and with such wide adoption to achieve escape velocity. The questions which are important now are how the bitcoin managed this success in

As Bitcoin goes popular, this kind of payment has been more widely accepted. For instance, the King’s College New York is the first university in the United States that accepts Bitcoin for tuition payments. The President states that the reason for them to do that is because they think virtual currency is a new technology that will generate more attention in future business world (Rizzo, 2014 June). This increasing trend has been driven by the low transaction costs, high security, and limited influence of inflation of the Bitcoin payment processing system. However, every coin has its two sides. The development of

In the world of currency and forex, the core credentials of what makes up the market seldom changes. However, in 2008 a brand new currency arrived in the form of bitcoin, with this cryptocurrency certainly working to upset the apple cart. Widely considered to be the most volatile currency in the world, during 2015 over 100,000 bitcoin based transactions took place, which shows that usage levels of the cryptocurrency is growing. Considering how the commodity is maturing, many sectors (including retail and gambling) are now warming up to the idea of adopting bitcoin. Looking back through time it is clear that this cryptocurrency has been on quite the journey, with the following taking an in-depth look at the rich history of bitcoin.

In 2009 an anonymous person known as Satoshi Nakamoto invented Bitcoin, a revolutionary creation which can change the world dynamics. Bitcoin can be defined as “a collection of concepts and technologies that form the basis of a digital money ecosystem” (Andreas M. Antonopoulos, 2014). Bitcoin can provide people with considerable benefits, such as low transaction fees and protection. Pitifully, appreciable weaknesses, which may counter its profits, are possessed by bitcoin. Can bitcoin overcome its Achilles heels and evolve into the currency of the future? This essay will analyze the different advantages and disadvantages that users receive from utilizing bitcoin and if bitcoin can become the coin of the future despite his weak points.

To start off primarily, Bitcoin is a digital currency as opposed to physical currency that we’re accustomed to and use in our daily life. Straight off their site, Bitcoin is described as a pseudo-anonymous, P2P technology operating with no central authority or banks, it’s open-source, public, owned by no one and open for everybody to take part; but what does that all mean? “Bitcoin is the leader in a new generation of emerging currencies known as “cryptocurrencies” which aim to, among other things, facilitate the movement of money electronically while still maintaining a sense of privacy,” (Hobson)

The last decade has witnessed a lot of growth of mobile communication devices and wireless technologies across the globe. This has led to a change in the way many activities are conducted and opened the way for m-commerce, which is e-commerce's next evolutionary stage. The significant power of m-commerce is primarily as a result of the ability to connect wireless devices anytime, anywhere (The Future of Mobile Payment Systems : Rise of the Mobile Wallet 2012-2017 [Electronic version], 2011).

The scale at which Mobile banking has the potential to grow can be gauged by looking at the pace users are getting mobile in these big Asian economies. The explosion as most analysts say, is yet to come as India has about one of the biggest untapped markets, China and South Korea all three of these countries have seen gradual roll-out of mobile banking services, the most aggressive being Korea which is now witnessing the roll-out of some of the most advanced services like using mobile phones to pay bills in shops and restaurants.