The advent of mobile
payment is considered to be a boon for developing countries. Why is that?
Many customers in these areas do not have access to payment solutions related to
banks. They do not have credit or debit cards. As such, they are unable to
benefit from e-shopping services.
However, since the introduction of innovative settlement methods, they
can do so. This is because they have facilities such as smartphones. In fact, mobile
phone usage in developing countries is thriving.
People
in developing countries make extended use of smartphones
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