- While many payment solutions have been on offer in the recent past, most of them have proven unsuccessful due to overambition and failure to focus on the customer.
- However, the advent of e-mail brought versatility to these solutions for merchants and has proven attractive to customers who appreciate online auctions.
- E-mail money allows cross-border payments for customers, and holds additional corporate opportunities with its cost savings, risk reduction and increased efficiency.
- However, the growth of such solutions may be inhibited by the lack of inter-operability, customer registration, regulatory environ-ments, and security issues.
No more coins and notes. That is the banner under which...
