This article from Huffington Post tells a fascinating story about farmers in small Ugandan villages embracing digit wallets as a replacement for cash boxes and paper records to manage their community savings and lending groups.
Benefits go beyond safety and efficiency… there is also greater transparency and access to bankers and other institutions who can provide access to other resources.
Historically, the lack of communications infrastructure has been a barrier to payments innovation in the developing world, but the rapid expansion of wireless networks allows them to leap around the historic need to access traditional wired networks, allowing for rapid technology adoption.
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