In the Philippines, text messaging has caught on in a huge way. Two years ago, according to Pyramid Research, the Southeast Asian archipelago became the first nation on the planet where network providers saw revenues from text messaging exceed what users spent on voice. With its Share-A-Load programme, Philippine network provider Globe Telecom has capitalized on the local love of SMS messages by allowing its customers to send their phone credit (or ‘load’) to someone else. Globe charges PHP 1 or about US .024 for each transaction, making its service an easy way for parents to send money to their children, for example, to make sure they’re able to stay in touch.
Both prepaid and postpaid subscribers can share their airtime or mobile wallet by typing in an amount and their pin code, and sending it to a 4 digit-number followed by the recipient’s mobile number. Upon receipt, the both recipient and sender receive a confirmation by text message.
SMS remains a technology with lots of potential applications waiting to be discovered and implemented—for everything from payment systems to information on demand. Given the mobile network operators’ strong desire to maximize profits, a good idea from a start-up has an excellent chance of getting heard.
Website: www.globe.com.ph
Spotted by: Jo-An Chua
Imagine a business card that give FREE world wide long distance then sends Text Messages and builds a permission data base of cell numbers and email addresses http://www.freecallingclub.com
Yes, this is an idea worth sharing on springwise. But this service was launched in January 2004, and won an award in 3GSM Barcelona the following year. So this is a unique, but not entirely new idea. In fact, this idea has been replicated by copycats around the world, many infringing patents that my friends and I wrote. Heck, even Globe's GCASH may have infringed several patents, as I posted in my relatively new blog, www.textraextra.com
Just the same, thanks for sharing!
I live in New Zealand and have been topping up my kids mobile phones for the last two years via my own mobile, its very popular here and just a part of every day life.
We got this a couple of years ago in Cambodia too.
the same thing has been here in jamaica for some time now
great way to share
Postpaid customers in Mexico have been using this type of service for quite a while now. The credit sent to other customers by text is added to the originating clients' monthly bill.
Hello! I am interested in what percentage of it is on credit from the bank or any annual interest and the currency contribution to the deposit (averaging for your country?). There is the possibility of opening an overall financial companies!
I live in Ukraine! My e-mail: itfreelancer24@gmail.com Maybe you have some suggestions, please contact me (as in my region electronics, clothing and gave so!) Ready to discuss all issues!