May 15th was a pretty big day for me.
I started this journey in 2004 when I built, launched and eventually sold my first mobile money startup - now 8 years later, I am almost fatigued by all the stuff I have witnessed, the misconceptions of payments, the speculations and the politics of this space. Its amazing to think that when I first had the conversations with ISO's and Merchant Acquirers in 2004 around wanting to roll out a mobile money transfer system, they flinched and most of them denied the opportunity flat out (wont mention names) turns out those executives had absolutely no vision and no appetite for new risks that where undefinable. Today most people can set up a mobile money transfer system in 12 months with no hassle.
On May 15th all my learnings and experience finally came together as Rob Bruce and David Williamson spoke about how what I, and obviously 100's of other folks, have been working on will change the way we all pay.
The path to that announcement was long and paved with traps and heated discussions which mostly revolved around definitions of technology understanding, roles/responsibilities and the business model.
The 15th all the perspectives that I gathered over the years where finally realized and its an almost overwhelming feeling to be amongst the first to roll this out on a commercial basis. From here on we scale, and we scale quickly....
I started this journey in 2004 when I built, launched and eventually sold my first mobile money startup - now 8 years later, I am almost fatigued by all the stuff I have witnessed, the misconceptions of payments, the speculations and the politics of this space. Its amazing to think that when I first had the conversations with ISO's and Merchant Acquirers in 2004 around wanting to roll out a mobile money transfer system, they flinched and most of them denied the opportunity flat out (wont mention names) turns out those executives had absolutely no vision and no appetite for new risks that where undefinable. Today most people can set up a mobile money transfer system in 12 months with no hassle.
On May 15th all my learnings and experience finally came together as Rob Bruce and David Williamson spoke about how what I, and obviously 100's of other folks, have been working on will change the way we all pay.
The path to that announcement was long and paved with traps and heated discussions which mostly revolved around definitions of technology understanding, roles/responsibilities and the business model.
The 15th all the perspectives that I gathered over the years where finally realized and its an almost overwhelming feeling to be amongst the first to roll this out on a commercial basis. From here on we scale, and we scale quickly....
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