Thursday, June 29, 2017 — Harold and Jim explain the challenges and opportunities of serving the un-banked population in India.
“Poor people don't have access to the same tools that rich people do. I think what MoneyOnMobile is doing is super important because in India the un-banked population is tremendous.” MoneyOnMobile gives Indian consumers the ability to move money back and forth between cash and digital currency - at no cost to them - at more than 330,000 local retailers around the country. All someone needs is a mobile phone and a little cash, opening up the digital economy to people with little access to physical banks.
Watch the full video here: https://www.youtube.com/watch?v=RL3Nw4_lPj4&t=2s
How Democratizing Payments Levels the Playing Field between Rich and Poor People