12 Apr '15, 7am

Phone Companies Should Consider Bitcoin for the “Unbanked”

Phone Companies Should Consider Bitcoin for the “Unbanked”

Before long, someone must have noticed that there was a considerable market of people who pre-paid for their phone service, especially on the Android side, using cash at the store. People who would have to pay an extra fee to a pre-paid debit card provider in order to use such services, a definite consideration for them. Why bother, what app could be that important? A barrier to adoption if there ever was one. So the gift cards were created, and before you knew it, anywhere you went that sold a phone card was also selling iTunes Store gift cards (which were usable on the Apple App Store) and Android Market gift cards. Customers buying this way suffered no loss in value, but there’s a convenience factor that has to be considered in the sale of digital goods. Quality content is far underweight in comparison to hassle when it comes to conversion.

Full article: https://www.cryptocoinsnews.com/phone-companies-consider-...

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