Bangalore, December 2:

SMS or short messaging service may soon be the ideal w-ay to lend or borrow if a New Delhi-based software expert succeeds in perfecting the sy-stem for American markets.

The near-ubiquitous power of SMS could be used to undertake solutions like delivering news headlines to subscribers and other specialist needs, said Sirtaj Singh Kang, chief of Sapphire Mobile Systems.

“We expect to get rolling by early February in the US,” Kang, an NRI who returned to India five years ago, said.

Kang’s company is ‘aimed at a young urban market’ and student-oriented cities in the US. It is for people who are tech and mobile-savvy, but don’t necessarily have a lot of disposable money.

The 31-year-old said, “Our management team is in the US, but our development work is going on in Delhi. Getting the solution over to India is not on the cards yet.