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Mobile Banking for Micro-Trade Financing: Use of Automated Trade ProceduresRoger BonsVU University Amsterdam Ronald Marlin LeeFlorida International University (FIU) - Department of Decision Sciences & Information Systems Vu Hoang NguyenEconomics University - Hochiminh City November 1, 2011 Abstract: 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 working papers seriesDate posted: May 29, 2012Suggested CitationContact Information
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