I have read many articles about mobile DCB (direct carrier billing) rates for payment conversion rates comprehensively eclipsing credit cards for mobile content. I have read way to many articles to be convinced otherwise.
According to business insider india mobile payment Conversion rates are up to 8 times that of credit cards in emerging markets and 3x in established markets.
According to business insider India only 1.93 percent of adults have credit cards in emerging markets. I read that pakistan was around 1 percent.
In the medium to long term.....DCB payments for physical goods and services cannot be discounted either. (Notice retweet from mbe July 7). There is an article about this on mobilepaymentstoday.com
MBE Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held
