More and more payment methods are popping up all over the world to bring financial services to unbanked and underbanked regions of the world. AirTM is one of those services, as they allow customers to deposit and withdraw US Dollars to and from their cloud-based platforms. Whether or not this is strong competition for Bitcoin, remains to be seen, but there are some interesting aspects to this concept.
http://themerkle.com/news/spending-us-d ... n-bitcoin/