Leaving the plastic (and fees) behind
January 23, 2012 Edited by Brahm Canzer
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?
