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Be on Time or Get a Fine App

a startup idea shared by Payne Adetoro on 05/14/2014

Africans are known for 2 things: they are poor and they are never on time. Now, You imagine an app that let you agree on a fine to be paid for every minute a person is late to a meeting.
The app will be used to agree on a meeting time and also on the fine per every minute a person is late. The app is connected to the mobile subscriber account or mobile wallet, and the fine is automatically charged to his account, maximum $15 per meeting.
The money is either transferred to the person who arrived on time at the meeting or to a charity. If all the people who have agreed on the meeting are late, all participants are fined and the money could be donated to a charity.
Mobile developers interested to explore this app idea will need to think a bit more about the edges, but this is a Killer app for the African market where people are chronically late.

business, social

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