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What is Mobile Banking Growth in Developing Nations about?

Mobile banking is becoming increasingly popular in developing countries where many people have mobile phones but lack access to traditional banking, as it allows people to send and receive money via text message. Examples show mobile banking being used to pay workers, government employees, and for medical costs in several African and Asian countries. While mobile banking has not taken off in developed nations where most people have bank accounts, its popularity is expected to continue growing significantly

Author

Radi Sastra

Language

EN