Slimtrader an eCommerce Platform

Technology Review reports on Slimtrader, which works:

...like a conventional e-commerce business, it relies on interactive databases to handle product inventory, pricing, orders, and payments. But, unlike, say, Amazon, users can interact with this database via short message service (SMS)."Instead of searching for products with a computer, we make it possible to query a retailer's inventory by text message," says founder Femi Akinde. "You are sent the results and can then buy via text as well."That could prove a hit in countries where shopping or paying bills means paying cash payments, and standing in a long line, he says. Slimtrader transactions draw funds from a person's cell-phone credit or can be provided using a prepaid or conventional debit or credit card.

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