Small Business Might Be Big Business for Mobile Money
- March 23, 2011
Mobile money is usually marketed as a way for workers in urban settings to send money home and support their family. But a product like mobile money, which provides a faster, safer, traceable, long distance way to pay people (that doesn't require change!) is much too fundamental to be used just for one purpose. Potential uses include supporting children away at school, paying domestic staff, contributing to group savings schemes, storing money for safe keeping while traveling, and plenty other - some "Lotharios" even use it to support their mistresses!
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