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Everybody thought the real substance was going to come from B2B eCommerce players that would deliver “real value&# by disintermediating supply chains … blah, blah, blah. People were starting to get cynical about yet another pet website or another website for buying art. So journalists were looking for a new story to tell.
But the reason M-Pesa initially took off (and similar systems in the Philippines and elsewhere) is in developing economies prepaid mobile minutes are inherently a store of value parallel to the local currency. Also some of the mobile banking players are considering to build a parallel network that would disintermediate the card associations.
There are plenty of companies poised to serve your needs in Bangalore, the Philippines, and across Eastern Europe. Boundaryless) Teams. For some time now, it has been possible to outsource engineering labor to other countries. They’re low cost and capable of delivering specific — but mostly basic — engineering services.
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