In a world where there are four billion mobile phone users, but only two billion bank account holders, an alternative payment service using mobile phones is crucial. Fast Europe Ventures in collaboration with the Albanian-language internet portal Telegrafi.com has done just this. This service in essence turns your phone into a mini-credit card, using credit you have in your mobile phone.
Telegrafi.com portal has launched a classifieds service with the content being accessible to over 80.000 visitors and potential customers every day. The process of posting an ad is simple, cheap and quick.
Currently, all mobile operator subscribers in Kosovo can use this service, except Vala Mobile customers, who will soon be part of it. Since the beginning of this year, the company Fast Europe Ventures has been engaged with local operators and partners in Kosovo, Albania and FYR of Macedonia to bring the m-payment (m-commerce) service to the region connecting all three countries through a single payment gateway.
"Based on the fact that this region has an estimated mobile spending of 10 Euros per person per year, it is expected for this business to reach a turnover of 15-20,000,000 Euros a year in the next 10 years", said Kushtrim Xhakli, Chief Executive Officer of Fast Europe Ventures. M-payment model is the most suitable model for monetizing media such as TV, radio and web. Telegrafi portal is the most popular site across Albanian speaking countries and the first partner implementing m-payment.
Managing Director of Telegrafi portal Gani Lajqi said: "We are now entering a new competitive field in the global market providing quick information, services and access. In recent years Telegrafi has proved to be the most innovative portal in the Albanian market with 80% market share. Our partnership with Fast Europe Ventures proved to be fruitful and it will be enhanced in the future. "
The service can be accessed at http://www.telegrafi.com/shpallje. Fast Europe Ventures covers 2.8 million mobile subscribers in the Western Balkans region.
Telegrafi.com portal has launched a classifieds service with the content being accessible to over 80.000 visitors and potential customers every day. The process of posting an ad is simple, cheap and quick.
Currently, all mobile operator subscribers in Kosovo can use this service, except Vala Mobile customers, who will soon be part of it. Since the beginning of this year, the company Fast Europe Ventures has been engaged with local operators and partners in Kosovo, Albania and FYR of Macedonia to bring the m-payment (m-commerce) service to the region connecting all three countries through a single payment gateway.
"Based on the fact that this region has an estimated mobile spending of 10 Euros per person per year, it is expected for this business to reach a turnover of 15-20,000,000 Euros a year in the next 10 years", said Kushtrim Xhakli, Chief Executive Officer of Fast Europe Ventures. M-payment model is the most suitable model for monetizing media such as TV, radio and web. Telegrafi portal is the most popular site across Albanian speaking countries and the first partner implementing m-payment.
Managing Director of Telegrafi portal Gani Lajqi said: "We are now entering a new competitive field in the global market providing quick information, services and access. In recent years Telegrafi has proved to be the most innovative portal in the Albanian market with 80% market share. Our partnership with Fast Europe Ventures proved to be fruitful and it will be enhanced in the future. "
The service can be accessed at http://www.telegrafi.com/shpallje. Fast Europe Ventures covers 2.8 million mobile subscribers in the Western Balkans region.
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