The "cash by code" ATM system for the 'unbanked'.
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The "cash by code" ATM system for the 'unbanked'.
Novel ATM service for the ‘unbanked’
Thu, 4 August 2016
Kali Kotoski
With mobile money transfer services such as Wing and True Money continuing to spread their agent-based networks into rural parts of the country, local banks are increasingly leveraging their branch locations and ATM presence to provide a similar service through “Cash by Code”.
A relatively new product to Cambodia, Cash by Code allows customers from a particular bank to send money to an individual – even those without a bank account – through a one-time password that can be used at any of the bank’s ATM machines to withdraw the cash...
[He] said E-Cash allows ABA Bank to reach the unbanked majority of the population “through modern financial solutions”.
“At the moment of the launch, we were the only Cambodian bank who offered this service to its customers through the mobile app,” Zimarev said.
“It is fast, convenient and can be made on the go on a smartphone.
“Another reason to launch this service is to help our customers in emergency situations,” he said, adding that it allows people who have lost their ATM cards to access their funds.
The money transfer service only costs $0.50 per transaction...
http://www.phnompenhpost.com/business/n ... e-unbanked
Thu, 4 August 2016
Kali Kotoski
With mobile money transfer services such as Wing and True Money continuing to spread their agent-based networks into rural parts of the country, local banks are increasingly leveraging their branch locations and ATM presence to provide a similar service through “Cash by Code”.
A relatively new product to Cambodia, Cash by Code allows customers from a particular bank to send money to an individual – even those without a bank account – through a one-time password that can be used at any of the bank’s ATM machines to withdraw the cash...
[He] said E-Cash allows ABA Bank to reach the unbanked majority of the population “through modern financial solutions”.
“At the moment of the launch, we were the only Cambodian bank who offered this service to its customers through the mobile app,” Zimarev said.
“It is fast, convenient and can be made on the go on a smartphone.
“Another reason to launch this service is to help our customers in emergency situations,” he said, adding that it allows people who have lost their ATM cards to access their funds.
The money transfer service only costs $0.50 per transaction...
http://www.phnompenhpost.com/business/n ... e-unbanked
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Re: The "cash by code" ATM system for the 'unbanked'.
not much good if there is no bank
i am on these blocked lists;
pucketrichard
hotdgr
sailorman
rozzieoz
stroppychops
pucketrichard
hotdgr
sailorman
rozzieoz
stroppychops
- Jamie_Lambo
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Re: The "cash by code" ATM system for the 'unbanked'.
pretty cool feature this,
although this '"Wing" thing reminds me of some random Khmer girl that added me on facebook and within like 30minutes she asked if she could borrow money and that i could send it to her via this "Wing" service, at first she asked for $200, then she lowered her offer to $100 like we was in some kind of bargaining situation, id think twice about lending my friends $200 let alone some random khmer girl who just added me on facebook lol
although this '"Wing" thing reminds me of some random Khmer girl that added me on facebook and within like 30minutes she asked if she could borrow money and that i could send it to her via this "Wing" service, at first she asked for $200, then she lowered her offer to $100 like we was in some kind of bargaining situation, id think twice about lending my friends $200 let alone some random khmer girl who just added me on facebook lol
Mean Dtuk Mean Trei, Mean Loy Mean Srey
Punchy McShortstacks School of Hard Knocks
Punchy McShortstacks School of Hard Knocks
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Re: The "cash by code" ATM system for the 'unbanked'.
^^ She might have been a Nigerian Khmer girl.
Re: The "cash by code" ATM system for the 'unbanked'.
Jamie_Lambo wrote:pretty cool feature this,
although this '"Wing" thing reminds me of some random Khmer girl that added me on facebook and within like 30minutes she asked if she could borrow money and that i could send it to her via this "Wing" service, at first she asked for $200, then she lowered her offer to $100 like we was in some kind of bargaining situation, id think twice about lending my friends $200 let alone some random khmer girl who just added me on facebook lol
I hope you were able to come to a $ number that was amicable?
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Re: The "cash by code" ATM system for the 'unbanked'.
Username Taken wrote:^^ She might have been a Nigerian Khmer girl.
Send wing
Number phone 010253680
Mean Dtuk Mean Trei, Mean Loy Mean Srey
Punchy McShortstacks School of Hard Knocks
Punchy McShortstacks School of Hard Knocks
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Re: The "cash by code" ATM system for the 'unbanked'.
Maybe not Nigerian. What about Egyptian?
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Re: The "cash by code" ATM system for the 'unbanked'.
that only works for land lines right?Username Taken wrote:Maybe not Nigerian. What about Egyptian?
ive got quite a few numbers in my phone that start with similar numbers, all cambodian numbers
*all my numbers in my phone that start with 01....*
0102
0102
0103
0103
0104
0109
0114
0122
0123
0127
0153
0154
0156
0162
0163
0167
0168
0169
0169
0169
0173
0176
0177
Mean Dtuk Mean Trei, Mean Loy Mean Srey
Punchy McShortstacks School of Hard Knocks
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Re: The "cash by code" ATM system for the 'unbanked'.
Jamie_Lambo wrote:that only works for land lines right?Username Taken wrote:Maybe not Nigerian. What about Egyptian?
- Jamie_Lambo
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Re: The "cash by code" ATM system for the 'unbanked'.
Username Taken wrote:Jamie_Lambo wrote:that only works for land lines right?Username Taken wrote:Maybe not Nigerian. What about Egyptian?
Mean Dtuk Mean Trei, Mean Loy Mean Srey
Punchy McShortstacks School of Hard Knocks
Punchy McShortstacks School of Hard Knocks
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