Am curious how the customer acquisition cost will develop for payments...it was defacto zero for banks...and they made money on the cross selling and data....
Students collect free cash from the Clinkle "Treat Bot" Clinkle, a mobile payment startup that was showered with $30 million in funding last year, is now distributing some of that cash in the form of a vending machine, Valleywag reports. University of California, Berkeley students have been tweeting selfies from the company’s "Treat Bot" stationed outside a campus dining hall as they collect free $20 bills for signing up for the service. The service itself is a bit confusing.
http://www.businessinsider.com/clinkle-is-giving-away-free-cash-in-vending-machines-2014-11
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