Infographic: mobile payments are more common in urban areas, but there are important exceptions.
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Viewing all posts with tag: Urban
Urban-Rural Mobile Payments
The potential to reach rural communities with mobile payments has not yet been realized in many countries.
Reimagining the Unbanked: Perspectives from South Africa
Attempts to broaden financial access in poor communities usually take one of two directions. The first is providing credit to small- scale microenterprises, an idea pioneered by Bangladesh’s Grameen Bank. The second involves fostering long-term saving for education, housing, or other worthy goals. But low-income families usually have a more fundamental financial need, one that families often pay dearly for: basic, reliable ways to manage cash flow.