Financial Times FT.com

The basics: Mobile phone operators revolutionise cash transfers

By Ross Tieman

Published: June 2 2008 18:05 | Last updated: June 2 2008 18:05

Interest among mobile phone operators in using their technology to deliver basic banking services is intensifying.

Nick Hughes, Head of Mobile Payments at Vodafone, reckons 60 operators worldwide claim to have some kind of independent payments platform.

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