Cash versus mobile money

October 1, 2012
Ankur Sohanpal

The poor in the developing countries have no option but to save under their mattresses or with their local shopkeepers. They have no choice but to, in this way, remain vulnerable to theft, and underserved by financial services. Mobile money transcends these problems and is indeed what can alleviate poverty in such conditions. The post introduces a group of institutions, organizations and private sector stakeholders called Better than Cash, wherein members ensure their services are available through mobile. Read more here.



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