Comments on: Pay online without a bank account? http://www.disruptivebanking.com/2009/09/16/pay-online-without-a-bank-account/ The world of banking scrutinized Wed, 28 Jul 2010 23:57:14 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Aran http://www.disruptivebanking.com/2009/09/16/pay-online-without-a-bank-account/comment-page-1/#comment-161 Aran Fri, 18 Sep 2009 07:40:06 +0000 http://www.disruptivebanking.com/?p=1734#comment-161 Perhaps they surf at Starbucks ;) Perhaps they surf at Starbucks ;)

]]> By: Dirk http://www.disruptivebanking.com/2009/09/16/pay-online-without-a-bank-account/comment-page-1/#comment-160 Dirk Thu, 17 Sep 2009 17:15:04 +0000 http://www.disruptivebanking.com/?p=1734#comment-160 I'm curious how these 28 million people pay for their internet connection if they don't have a bank account. Do they really shop online? Banks should definitely find new ways of paying online without credit card or exposing personal information. The pay-cash option is certainly interesting for the developing countries. But for the majority of online transactions actually having to leave your house to make the payment isn't going to be the solution. More personal payment options are more interesting to me: using bio-characteristics like iris scan (but that might scare some off) or a mobile phone are good examples. Still, you'll need an account somewhere. I’m curious how these 28 million people pay for their internet connection if they don’t have a bank account. Do they really shop online?

Banks should definitely find new ways of paying online without credit card or exposing personal information. The pay-cash option is certainly interesting for the developing countries. But for the majority of online transactions actually having to leave your house to make the payment isn’t going to be the solution.

More personal payment options are more interesting to me: using bio-characteristics like iris scan (but that might scare some off) or a mobile phone are good examples. Still, you’ll need an account somewhere.

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