Since traditional solutions cannot be accessed by everyone, fintech companies have had to come up with new methods to help the unbanked. Thus, phone bill payment facilities were created. These are designed to fill the gap in the financial market so that all consumers are able to access online contents and services. Moreover, the methods developed are easy-to-use. Fintech firms have made sure to design simple settlement solutions that clients are already acquainted with so that they do not experience difficulties when buying online.
Photo credit: Geralt from Pixabay
New technologies are more
accessible
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