On the Horizon business model for Indonesian Financial industry

Photo by: Stephanie W.

Photo by: Stephanie W.

1. Mobile phone based payment

Embed a payment and encryption capability into a mobile phone (in the chip or software). Allow the mobile to execute payment, whether through near field detection, a specific button, or password type into the mobile phone’s keypad to approve and confirm the transaction. The balance can be refilled through phone, mobile, or sms banking

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