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Developing countries use a good deal of mobile banking. Anecdotally mobile payments make up as much as 50% of all transactions. I am typing this on mobile so ca
by mmsimanga 7y ago
Developing countries use a good deal of mobile banking. Anecdotally mobile payments make up as much as 50% of all transactions. I am typing this on mobile so can't really post links. Search Mpesa and Ecocash for more information. Card processing machines are also becoming pretty common and it is easy to transfer money from you mobile banking account to a card.
- DaTwant 7y agoAgree. Check out China where even beggars are using QR code payment methods (though possibly as a means by payment companies and 'others' to collect data on donators?) https://www.businesstoday.in/current/world/beggars-in-china-go-cashless-but-there-is-more-than-what-meets-the-eye/story/279773.html https://www.businesstoday.in/current/world/beggars-in-china-...