Pay 2.0 – an Idea from Pakistan Gets into Cisco’s I-Prize Finals: ProPakistani |
Pay 2.0 – an Idea from Pakistan Gets into Cisco’s I-Prize Finals Posted: 19 Jun 2010 06:35 AM PDT Pay 2.0 – an Idea from Pakistan Gets into Cisco's I-Prize Finals is a post from: ProPakistani Syed Imtiaz Ahmed has reached into the finals of Cisco's 'I-Prize', a global innovation contest, for his mobile commerce idea dubbed as Pay 2.0. Cisco I-Prize is a global competition in which entrepreneurs submit proposals and collaborate to create the fundamental idea for Cisco's next billion-dollar business. The team with the winning idea will be hired by Cisco, their idea will be implemented by Cisco itself and furthermore it will receive a grand prize of US$250,000. Cisco I-Prize started in January this year where the first round ran up to 30th April and Pay 2.0 was selected as one of 32 semifinalists and then ultimately for the finals. Pay 2.0 and eight other ideas out of 1,000+ ideas and 3,000+ contestants from 156 countries made it to the finals. Imtiaz was solely contesting till the semi finals when Asif Raza and Shakeel Tabassam, based in Finland and his long time friends joined him. Imtiaz Ahmed, Asif Raza and Shakeel Tabassam will be demoing their presentations to Cisco top management on June 21st from Dubai and Finland using Cisco's Tele-presence solution. Winner will be announced by John Chambers and Marthin De Beer at Cisco Live on June 29, 2010. What is Pay 2.0? Pay2.0 is the Next Gen Cash-less Solution to pay and get paid – Online & OFFLINE. This model is applicable for Person-to-Person, Person-to-Business, Business-to-person, Business-to-Business mPayments/mCommerce. Pay 2.0 will be ‘Alternate Payment Processing Service’ for internet transactions like Paypal (even more basic, but using prepaid cards instead of CCs). In later stages it can be extended as a mCommerce solution and Branch-less Bank functioning as an alternate eCommerce /mCommerce /mBanking system like OboPay.com. Though the solution was conceptualized with a Pakistan focus but is universal in appeal and scalable worldwide. Pay 2.0 will be unique in that it’s a hybrid solution for eCom-mCom-mBank transactions/services and utilizes prepaid scratch cards or EasyLoad (as in cellphones) method as primary mode of account recharge. For complete deals on Pay 2.0 you can download this file (PDF – 248 KB) or visit this page (requires registration) Related posts:
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Ufone introduces FUTSAL in Pakistan Posted: 19 Jun 2010 05:17 AM PDT Ufone introduces FUTSAL in Pakistan is a post from: ProPakistani Ufone is celebrating Football World Cup 2010 with gusto and gaiety as the company kick started Uth FUTSAL (A shorter or "T20 version" of Football) in its traditionally vigorous way in the country. Uth FUTSAL has been launched with exciting promotions in Islamabad, Lahore and Karachi. The idea is unique since it caters well for time constraints and paucity of play grounds FUTSAL is a variant of football that is played on a smaller playing surface. This name is derived from Portuguese and Spanish words which can be translated as “hall football.” FUTSAL is played on a surface delimited by lines and between two teams of five players, one of whom is the goalkeeper and is played with a smaller ball with less bounce than a regulation football. Organized according to international standards of this game, Ufone will host a back-to-back chain of matches in Islamabad, Lahore and Karachi in the first half of July this year. Out of the two day activity at each of the three stations, day one will conclude with underground bands performing live. On day two, the final of that city will be played followed by a concert of the very renowned ‘Call the Band’ for which the passes are available in all three cities with the Uth squad, comprising of the very talented Uth brand ambassadors. The Uth ambassadors shall inform the youth about the recently launched ‘Uth Package’ which is professionally crafted to cater for the needs of the youth of Pakistan. The first match of this series will be held in Lahore on July 5th followed by final on 6th. On the same pattern, a two day activity will be hosted in Islamabad on the 6th & 7th similarly in Karachi on the 10th & 11th. Mr. Akbar Khan Chief Marketing Officer Ufone said, “The youth is the future of the country and Ufone's Uth package has been designed to ensure we cater to each of the youths likes. Being a part of the Uth family is sure to bring many surprises for the youth of Pakistan”. “FUTSAL is only the beginning of many of the surprises planned for our valued customers. As always Ufone is striving to bring a smile to all segments of the society”, he added. Related posts:
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Pay 2.0 – an Idea from Pakistan Gets into Cisco’s I-Prize Finals: ProPakistani Part 1
Pay 2.0 – an Idea from Pakistan Gets into Cisco’s I-Prize Finals: ProPakistani Part 1
Pay 2.0 – an Idea from Pakistan Gets into Cisco’s I-Prize Finals: ProPakistani Part 1
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