Overseas Remittance Now Possible at US$1 per Transaction
Sen. Miguel Zubiri, Chair of the Senate Committee on Cooperatives, and the National Confederation of Cooperatives (NATCCO) unveiled a nationwide payment system to provide NATCCO members throughout the country, convenient access to basic financial services.
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Mobility Meets the Game
The tension and the adrenalin rush are there. But this time, the person betting is sitting nicely in his commuter bus waiting for a text message reply whether his bet won the race or otherwise.
I-Payment’s M-Betting Technology is intended to give casinos/game-race track owners the option to keep their patrons playing and betting even when they’re miles away from the gaming venue.
“Gaming is one activity that makes money online. Now that Internet access has moved pass the PC into mobile phones and wireless PDAs, betting is going mobile as well,” explains Maner Puyawan, co-founder of i-Pay.
According to some reports, revenues for all mobile gambling, including sports betting and others, totaled $1.2 billion in 2005, and will reach $7.6 billion by 2010. So, what make mobile betting so appealing” Maner explains that convenience is one of its strong benefits.
An overwhelming number of mobile owners cited that mobile gambling is less intimidating and allowed more discretion. One can also easily get up-to-date news and real-time stats through their mobile thus allowing them to get reliable information for gambling decisions.
I-payment’s unique understanding of the betting industry and today’s technology can assist any gaming business get wireless advantages. Initially, the bets will be made using a simple text-based program or instant messaging. Although a gambler's wish list includes streaming video of live games and races, once 3G networks can handle the huge amount of data required it is a possibility. Who knows video slot machines can become a reality tomorrow.