Mobile Payments and Future of Banking - futurist keynote VIDEO

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Patrick Dixon, YouTube Futurist Keynote Speaker - Recent Futurist YouTube Videos - Keynote Speaker

Future of the retail industry, Patrick Dixon delivers a conference keynote for BNP Paribas in Bulgaria. The decreasing use of cash, which costs EU60bn a year to handle, through mobile payments. 70% of all global mobile payments are happening in Africa, and are responsible for 1/3 of Kenya's GDP. 1.7bn people globally don't have a traditional bank account but have a mobile phone capable of payments. Bulgaria Smartphone sales increased 24% in 2012. Mobile payments are inexpensive for financial service providers.

http://www.youtube.com/watch?v=mvzvWG27CMI


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