Bustle Bit Business
Who wants $29B a year? The ubiquity of cell phones has not gone unnoticed by anybody, even the stodgy old banker down at your local branch (though he merely finds his daughter’s monthly texting charges aggravating). Even the most primitive of modern cell phones is a small computer with wireless data capabilities. With cell phone penetration nearing 80% in the United States, and emerging nations adopting cellular as their first telecommunications infrastructure, soon a cell phone will be owned and operated by every homo sapiens and a few lower order mammals as well (cats will not deign to dial themselves … that’s what they keep humans for). Thus, folks who earn a dime from financing a dollar are interested in using any technology to speed payments. In our fast paced modern world, waiting behind someone using an ATM card at Starbucks seems like an incredible waste of time. Hence the … Continue reading →