Mobile payment: a boon for developing countries


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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