Tuesday, November 18, 2014

Virtul card moonshot

My Moonshot is called virtual Card.
Virtual card its based on using embedded software development that helps add a menu called virtual line, like mtn menu or MTN mobile money . That allows you enter your personal credentials helping you access everything you would do with your card from access your contacts , user your airtime,make mobile money transactions, buy data or make phone calls using some other persons mobile subscribers line like you were using your own.

Brief intro

Today we understand that phones have moved from being luxuries to essentials , identity and our bank. Besides we know the way for Africa is mobile with case studies of how internet is access to mobile money and its power in commerce yet the power in mobile lies the mobile subscriber lines . That means a person without his card or lane may fail access his or her contacts, miss out business opportunity , fail to pay bills or access internet and as well fail to transact .With MTN alone having its average user revenue at 4-6 dollars according to 2013 statistics.

A problem

  • Loss of contacts when you loose your card
  • Loss of revenue from Telecom companies when potential customers has low battery  power or cards or phones .
  • In ability to pay bills or access services in good time as a result of phone issues
  • solution.
  • The solution entails getting virtual access to your card using some other persons mobile subscriber card and be able to all you would ordinarily do with your mobile subscriber line

The impact

  • This would help millions of subscribes be able to transact normally and have all their contacts back even if they lost their phone lines , be able to transact , access internet, etc .
  • It may as well subsequently boost business on mobile .

The opportunity
  • This gives more power to business to transact normally irrespective of people loosing cards ie limit-less mobile transactions.
  • Backup of all contacts and easy of restoration.
  • Promotion and elimination barriers to e-commerce and m-commerce .

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