What might a future “converged” ecosystem of multiple mobile financial services operators look like?
Payments
Asked by Question Bot02/Jan/20151 answer
1 Answer
F
Faisal Khan
Answered 02/Jan/2015
The converged eco-system would look very simple. Here is some information from Ooredoo who also presented something similar.
The first assumption would be that there is a centralized inter-bank (or should we say inter-mobile financial service provider) switch that is able to settle transactions directly amongst the various players:
The first assumption would be that there is a centralized inter-bank (or should we say inter-mobile financial service provider) switch that is able to settle transactions directly amongst the various players:
The converged platform would then look something like is:
The diagram above clearly shows the B2B Inflows, the Outflows and the external networks that connect to them (Banks, Agents and International Remittances).