Mobile money Transfer: Using your phone to transfer cash.
By the start of next year, every bank customer in the country may have the ability to transfer cash between bank accounts, using an app on their mobile phone.
http://www.bbc.co.uk/news/business-17115946
Google freezes prepaid cards to counter Wallet flaw.
Google has stopped issuing new Google Prepaid Cards after last week's disclosures regarding security flaws in Google Wallet on Android phones. A Google spokesperson explained to SecurityNewsDaily that the company had temporarily blocked the activation of newly purchased Google Prepaid Cards, but balances on already activated prepaid cards would not be affected.
http://www.msnbc.msn.com/id/46375152/ns/technology_and_science-security/#.T0S-5Fu1mSo
FTC: phone card scam leads to $2.3M settlement.
Here's how it worked: people bought prepaid cards with names such as "Africa Magic" and "Hola Amigo" for calls to Nigeria, Ghana, Mexico and other international locations. But the cards, the FTC said, often delivered less than half of the minutes promised because of all sorts of hidden fees.
http://seattletimes.nwsource.com/html/politics/2017392511_apuscallingcardscam.html
Vodacom no traceable person, no SIM card.
South Africa's Vodacom has decided to keep all the SIMs should be available to traceable persons only. For this they had deregistered more than one million SIM cards which were registered and not yet activated by any one. Many of them belongs to same person and some to companies. This action is taken specially to prevent criminals using those SIMs that can't be traced by the authorities under the RICA act.
Also they further said that they will deregister SIM cards that have been registered, but not activated for a period of 30 days.
Vodacom chief officer of corporate affairs said this is to prevent criminal activities or fraudulent activities by those criminals who are contacting others without providing their identity.
According to South Africa cellphone regulatory rules it's illegal to buy any SIM card and get connected on any network without being requested to produce the required documentation, which is the proof of residence and identity document.
Mean while RICA registration is free although some street vendors are charging to R5 - R10 to RICA the customers unregistered SIM cards.
UK PHONE CARDS.
UK phone cards that are sold in shops and newspaper stands are priced at £5, £10 and £20 for to make cheap calls. But according to reports one in ten phone cards are not working properly even if you complaint to the seller, it fails to give you the required phone connection. This was reveled by the regulator Ofcom recently.
These phone cards are mostly bought by people in UK to make calls back to their homes in Asia, Africa, Middle East and Central America.
Many of the phone cards in UK offered the exact time of calling minutes as they have placed in the card's information section. But one service provider seemed to be providing more minutes than the published minutes thus giving cheaper calling minutes to their buyers.
When you are visiting UK buy the phone card to call back your home at cheaper rate. Once you had bought the phonecard, scratch the card and find the pin number and make your call accessing the given access phone number.
Most of these cheap calls that are provided through the phonecard are connected through the internet service. If you are having internet connection and a PC or a Smartphone you can make free and low paid international calls from UK to most of the world using Skype or Google talk programs. Also you can buy cheap phone cards from the web sites and can reload the account whenever it is low by using your credit card or debit card.
Source: http://www.bbc.co.uk/news/business-12173604


