Danny Brown - Latest Comments in Why Zoompass Could be a Marketer’s Dream

Re: Why Zoompass Could be a Marketer’s Dream

Danny Brown — Tue, 08 Sep 2009 19:29:18 -0000

If you work on the possibility of one phone per user, then the numbers add up (although, like any new product, essentially a guesstimate).

And if you&#39re out and you need to pay for something, most people always have a phone with them so it&#39s really convenient. A prepaid credit card is an alternative but these can often be expensive with monthly upkeep fees on some of them.

Re: Why Zoompass Could be a Marketer’s Dream

Dan — Tue, 08 Sep 2009 19:19:11 -0000

I don&#39t think there are 21 million potential users, but rather 21 million phones out there, so that&#39s an overestimate.

"And because Zoompass uses its own money account to store funds, nothing need come from your own bank account."

Are you saying that this is an advantage? Although they can make it convenient, it seems annoying to now have to manage yet another "bank account". IMO, the strongest part of the product today is the free prepaid reloadable Mastercard.

Re: Why Zoompass Could be a Marketer’s Dream

Danny Brown — Tue, 08 Sep 2009 14:29:18 -0000

If you work on the possibility of one phone per user, then the numbers add up (although, like any new product, essentially a guesstimate).

And if you're out and you need to pay for something, most people always have a phone with them so it's really convenient. A prepaid credit card is an alternative but these can often be expensive with monthly upkeep fees on some of them.

Re: Why Zoompass Could be a Marketer’s Dream

Dan — Tue, 08 Sep 2009 14:19:11 -0000

I don't think there are 21 million potential users, but rather 21 million phones out there, so that's an overestimate.

"And because Zoompass uses its own money account to store funds, nothing need come from your own bank account."

Are you saying that this is an advantage? Although they can make it convenient, it seems annoying to now have to manage yet another "bank account". IMO, the strongest part of the product today is the free prepaid reloadable Mastercard.

Re: Why Zoompass Could be a Marketer’s Dream

Kasey Skala — Wed, 17 Jun 2009 21:42:32 -0000

Another example of who advancing mobile technology

http://www.americanbanker.c...
.-= Kasey Skala´s last blog post ...What about the small brands =-.

Re: Why Zoompass Could be a Marketer’s Dream

davefleet — Tue, 16 Jun 2009 16:39:38 -0000

Hi Nick,

Thanks for your feedback! You're right - splitting bills between friends, or collaborating on buying a gift, or even collecting membership fees for your soccer team, are great examples of uses for Zoompass.

Re: the U.S. - right now we're focused on our initial launch in Canada and getting feedback from Canadians so we can help to make Zoompass even more convenient and useful.

Dave
.-= Dave Fleet´s last blog post ...How can I use Zoompass? =-.

Re: Why Zoompass Could be a Marketer’s Dream

Nick Johnson — Tue, 16 Jun 2009 10:45:52 -0000

My colleagues and I discuss the need for something like Zoompass all the time, like the ability to split a bill amongst friends and especially the opt-in recommendation service.

One of the companies I work with, Touchpoint Technologies, provides opt-in direct marketing for small businesses and it would be great to be able to build a network of participating merchants and integrate a mobile device payment option. It will be interesting to see if Zoompass is used in that way.

Thanks for the article! When is the U.S. launch?

Re: Why Zoompass Could be a Marketer’s Dream

Kasey Skala — Mon, 15 Jun 2009 18:24:13 -0000

Mobile phones & finance go together great and is the way of the future. This is a brilliant idea and financial institutions are working hard on finding ways to securely implement the mobile technology with their systems.

Lots of great "tests" out there. I know my company is working on a new technology to combine these two models as well.

Who wins? The consumer.
.-= Kasey Skala´s last blog post ...Why research is important =-.

Re: Why Zoompass Could be a Marketer’s Dream

davefleet — Mon, 15 Jun 2009 16:03:23 -0000

This is why I like your site, Danny - always thinking creatively.

Thanks for the post. Disclosure: I'm part of the TFC team working with EnStream to launch Zoompass.

As you say, it's early days but we're looking forward to receiving feedback from people so we can help to make Zoompass even better!
.-= Dave Fleet´s last blog post ...Introducing Zoompass =-.