Mobile Banking for Micro-Trade Financing: Use of Automated Trade Procedures
VU University Amsterdam
Ronald Marlin Lee
Florida International University (FIU) - Department of Decision Sciences & Information Systems
Vu Hoang Nguyen
Economics University - Hochiminh City
November 1, 2011
Formal tools and techniques that were originally developed for large-scale international trade can now be usefully adapted for use with micro-level transactions. We propose a concept of electronic trade procedures for use with micro-trading: how they can designed; enabling technologies; and current application areas. We elaborate using the example of documentary credit operations, a method widely used for large scale international trade. We sketch a design for documentary credits for micro-trading, based on mobile banking and mobile technologies.
Number of Pages in PDF File: 29
Keywords: mobile banking, micro-trading, micro-finance, trade facilitation
Date posted: May 29, 2012
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