Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 5 Managing Technology and Information.

Description:  Dwolla, of Des Moines, Iowa, is taking on credit cards by allowing users to transfer money and pay for items on their phones for a small fee.

Source: CNNMoney.com – video report

Date: 01/17/2012

Link:   http://money.cnn.com/video/technology/2012/01/13/t_dwolla_credit_cards.cnnmoney/

Questions for discussion:

  • Describe why this business is better than competitors?
  • What are the problems managers will have to overcome in order to succeed on a large scale?

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