Mobile banking, in Colombia, has started gaining acceptance, reports nationís Ministry of Finance. In 2008, the country saw 2.53 million m-banking operations, of which 443,787 were used for COP 12 billion in transactions and 2.08 million to check account balances. The countryís m-banking platform is being offered by Redeban Multicolor in partnership with Gemalto. The platform enables prepaid and postpaid mobile subscribers to access their bank services.
The pioneering banks in this area are AV Villas, Bancolombia, Davivienda, BBVA and Banco BCSC Colmena.
Source: Wireless Federation.