Bill Gates speaking about mobile money, Apple Pay and Bitcoin

9 octombrie 2014

Bill Gates, co-founder of Microsoft Corp. and co-chairman of the Bill & Melinda Gates Foundation, speaking on Bloomberg Television’s „Street Smart,” about banking the unbanked, reducing the fees for banking transactions in a digital era, philanthropy’s role in financial acces and also talking about Apple Pay, mobile money and Bitcoin.

For more details follow the video link below

Bill Gates newsite

Apple Pay – a really contribution
“Apple Pay is a great example of how a cell phone that identifies its user in a pretty strong way lets you make a transaction that should be very, very inexpensive,” Microsoft founder Bill Gates has told Bloomberg TV.

“So the fact that in any application, I can buy something, that’s fantastic,” he explained. “The fact that I don’t need a physical card anymore, I just do that transaction, and you’re going to be quite sure about who it is on the other end, that is a real contribution and all the platforms, whether it’s Apple’s or Google’s or Microsoft’s, you’ll see this payment capability get built in.
“That’s built on industry standard protocols, NFC, and these companies have all participated in getting those going, Apple will help make sure it gets to critical mass for all the devices.”

Mobile money – it’s really the digital revolution
“So, now we’re involved in trying to make sure we get a very efficient digital payments structure set up for all the poorest in the world to get financial products that work for them. The idea is that typically through the cell phone you should be able to send money to your relatives, you should be able to track the money that’s coming in, setting aside money to buy seeds the next year and there are countries where this is beginning to take off. Kenya, Bangladesh, even Somalia.
“It’s really the digital revolution. The poorest have bought cows, stored gold, put currency under their mattress but they are getting more cell phones and the cell phone capability of identifying who’s using the cell phone, letting you look at your spending patterns, that’s going to be common sense. People are going to have help and lots of innovative products competing on top of this digital currency platform.”

Bitcoin is better than currency
“Bitcoin is exciting because it shows how cheap it can be,. Bitcoin is better than currency. You don’t have to be physically in the same place, and of course for large transactions currency can get pretty inconvenient. The customers we’re talking about aren’t trying to be anonymous, they’re willing to be known, so Bitcoin technology is key and you can add to it or build a similar technology where there’s attribution and people feel comfortable.”

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Mihai Draghici – CEO PayByFace

„Dupa ce oamenii creeaza un cont PayByFace si au adaugat cardul, selfi-ul si PIN-ul, si au avut un pic de curaj sa se duca sa incerce, daca au incercat o data plata prin recunoastere faciala nu mai folosesc altceva (n.r. ca modalitate de plata). 80% dintre ei numai asta folosesc. Le place la nebunie.” 

Afla aici rezultatele in adoptia platii prin recunoastere faciala.


In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?