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Cell phone subscriptions to hit 5 billion globally
- invisible 17y agoThis astonishing number can also be linked to a trend that many individuals have 2 cellphones: a work cellphone and a personal cellphone. I highly doubt that all but a bit under 2 billion people on this planet have a cellphone. "People in developing countries are increasingly using their cell phones for mobile banking, even those who have no bank accounts." - Is that a joke or am I missing something?
- DenisM 17y ago3 billion is the number: http://www.wholesaleappcommunity.com/ http://www.wholesaleappcommunity.com/
- jonknee 17y agoWhat's hard to believe about mobile banking? Poor people are using their phones to pay for stuff. It's safer since they don't have to carry around what little money they have. It's going to be a huge market over the next decade.
- invisible 17y agoI don't know if you didn't read it, but it said "even those who have no bank accounts." I suppose I was thinking of "mobile banking" as checking bank account balances and transactions. Does this merely just add the balance of their bill to their phone bill? Not sure why this was down-voted as it really is a fact that a LOT of people have two cellphones. Also, the wording of the article is unclear on the point of mobile banking (they should have elaborated possibly).