A number of countries are competing to become the world’s first economy to ditch paper currency. NexChange recently reported that Kevin Jenkins, managing director of Visa Europe, stated that within five years, cash will be seen as “a peculiar way of paying for things.” But one region stands out as the front runners in the race to become cashless: the …
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Daniel Döderlein’s mCash enables you to pay & get paid using a mobile phone
With his background in developing SMS services, Daniel Döderlein was annoyed by the fact that money could not change hands as easily and quickly as sending a text message. Döderlein decided to figure out why. The idea of sending and receiving money instantly using your mobile phone came to Döderlein in the summer of 2006, about a year prior to …
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