http://news.cnet.com/8301-1023_3-57584750-93/google-announces-e-mail-money-transfers-for-google-wallet/
Read the article and comment on it. Do you think this can be applied to Bangladesh?
Read the article and comment on it. Do you think this can be applied to Bangladesh?
Yes. It can be applied in Bangladesh. Though it has been mentioned that the e-mail money transfers only work for money sent within the U.S. If google allow this type of money transfer in Bangladesh, it will be very helpful for who are doing outsourcing in Bangladesh. They can receive their money in their wallet and withdraw the money through Banks. Also we can do online shoping through this email money transfer.We can pay any type of payment if the receiver have google wallet account....... Saniul Islam (WMBA-JU_201103107)
ReplyDeleteThis is applicable in Bangladesh. This will help us to get remittance easily. Bangladeshi people are facing problem in case of buying from international shop,this will improve such condition. Besides this Bangladeshi people are facing problem to get money in terms of outsourcing, this system also will be most needed Bangladesh.Any consumers can purchase things from an app or online store with just a couple of clicks.
ReplyDelete..Kazi Nazrul Islam.Riyadh(WMBA-JU_201203099)
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ReplyDeleteI also want to echo to my previous two comments. However I think this will only be possible if our government allows it. As financial sector is rising in Bangladesh and online payment system is getting popularity, Google Wallet service has great potential here. As it is cost effective, simple, fast and secured it will definitely have a big positive impact on how we do businesses and transactions in Bangladesh. This will open new opportunities for businesses and will add new value added services for us. However, to enjoy this service and other new technologies we need to build strong IT backbone in Bangladesh especially strong low cost internet network facilities.
ReplyDeleteMikhael Novo Biswas
201203049
Weekend-MBA, IBA-JU
We are already used to with mobile phone banking. But Google wallet is fully internet based application. In our country number of Email user is less. That is why i think it will not be popular among mass people very soon. Anyway i hope we will observe many more applications of this Google wallet.
ReplyDeleteMohammad Fazlul Halim
201201100
Md.Abdullah Al Mahmud [201203096]:
ReplyDeleteMoney transfer through Google Wallet will be a great opportunity for us. People can buy, sell and transfer money internationally only using mobile phone with android apps. It is possible to implement this in our country, If Google, Govt., Bank, Consumer, Seller and Network provider have linked and agreed to each other.
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ReplyDeleteI think it is applicable in Bangladesh but still the beneficiary group is limited here.From the above comments we have already signify them as outsource freelance worker.When we will think about mass people we have to choose the mobile wallet option.Here google wallet option has a bottleneck because it has only message system not any IVR system.So the illiterate person will not be able to use it.So to defeat the other existing service like bkash,DBBL mobile banking the API should be much more smart and ensure up to mark user friendliness.
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteGood topic indeed!
ReplyDeleteI see both good and bad side.
I am pretty sure that Bangladesh Bank will create barriers to stop entering Google to provide such service in our country. This is because
1. Bad people will use this service to transfers money
2. People of our country are still not that much habituated with the IT services and the culprit may take that as an advantage
3. Our financial institutions will lose money that they usually earn from remittance fees
4. Our existing resources (human and infrastructure) are not enough to monitor online transaction
On the other hand, in this era of globalization, it will surely be an opportunity for our country to have such system to boost the growth of small businesses. Firms and Individuals who work and earn from online will easily get their money with almost negligible fees (as from the very beginning Google has been free for the general users).
And last but not the least, I think, Google is not a financial institution and if it is determined to provide such service, it should increase the level of security of their system.
Aminul
DU MBA MIS
Money transfer by Google Wallet is quite applicable in Bangladesh. It creates a great opportunity for them who want to buy products from online & also very helpful for freelancer. Most of the freelancer use money cookers, it’s time consuming. To encourage it we have to ensure the internet opportunity for all & also need the government co-operation.
ReplyDeleteMd.Nazmul Hasan(WMBA-JU ,201203001)
Bangladeshi people are facing problem while buying from international shop, getting money from outsourcing. This system will be very much helpful for them. Hence it is applicable in Bangladesh.
ReplyDeleteMd. Abu Nahee Ibna Zahid
ID: 201103033
Weekend-MBA, IBA-JU