The Evolution of Personal Money Transferfrom Telegraph to Mobile Transfer ( 1871 to Present)

Master of Communication in Digital MediaBy Zanna de Sant’Anna

Spring 2011

The need to transfer money

How do the money get there?

1861 First transcontinental telegraph line

1871 Introduction of money transfer

The Present PayPal 2002

The Future

Following the African

KenyaM-Pesa 2007

References

Christensen, Clayton M. (2004). Seeing What’s Next: Using the Theories of Innovation to Predict Industry Change. Boston, MA: Harvard Business School Publishing Corporation Winston, B. (1998). Media Technology and Society. London & New York: Routledge Standage, T. (1998). The Victorian Internet: The Remarkable Story of the Telegraph and the Nineteenth Century’s On-line Pioneers. New York: Walker & Company

Harris, J. (2011 ). What a Kenyan financial company can teach our banks. Backbonemag.comPhotosMan with Suitcase http://www.flickr.com/photos/xabier-martinez/5234876973/

Western Union Telegraph by Sister72 http://www.flickr.com/photos/sis/155334929/

Western Union Store http://www.flickr.com/photos/kenningtonfox/5154754035/sizes/l/in/photostream/

PayPal security keyhttp://www.flickr.com/photos/robertnelson/405058064/sizes/l/in/photostream/

PayPal Ebay graphic: http://www.flickr.com/photos/colinzhu/42989237/sizes/o/in/photostream/

African man with cell phone http://www.flickr.com/photos/georgiap/5081719605/

Thank you note: http://www.flickr.com/photos/iain/4101881178/sizes/m/in/photostream/

AuthorZanna de Sant’Anna (Find me on Facebook )Zanna.brazil@live.com