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This is eye opening. Banking in many African economies came from an unexpected place: basic non-smart cell phones and the ability to transfer relatively small

This is eye opening. Banking in many African economies came from an unexpected place: basic non-smart cell phones and the ability to transfer relatively small amounts of money quickly, reliably, and without a bank account. I can see Facebook leveraging its foothold in such economies and providing the same service. Wow.

democracy 7y ago
Are there many ways to use anything from FB on a non-smart phone with no internet?
- koliber 7y ago
  I was making the point that banking innovation can come from surprising places, like dumb phones, or social networks.