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Fastacash: Using Social Networks to Transfer Money

Fastacash: Using Social Networks to Transfer Money

Assessment

Interactive Video

Business, Social Studies

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses the concept of enabling value sharing across social media and messaging channels, emphasizing the importance of regulatory partnerships. It highlights the growth potential in mobile and social payments, focusing on key remittance corridors like US to India and the Philippines. The aim is to create a social payment experience by integrating financial partners and leveraging mobile devices.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the vision mentioned in the text regarding the movement of value?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges are mentioned regarding regulatory issues in the context of social payments?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker describe the user experience in existing payment applications?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker suggest partnering with financial institutions?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the two enormous markets the speaker is trying to address?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of mobile devices in the context of social payments?

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OFF

7.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the key regions mentioned for growth in remittances?

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