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Replicating M-Pesa: Mobile and Cloud Technology Spur Innovation in Financial Inclusion
July 15, 2012 Editor 0
Mobile technology and cloud computing are opening doors for low-income individuals and rural communities to financial services. High transaction costs and poor infrastructure have traditionally kept formal banks from serving the BoP. Today, firms like M-Pesaand Ekgaon are paving the way for affordable banking products tailored to the needs of the BoP.
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