[governance] Web payments

[David Conrad]

Ian,

On Apr 16, 2013, at 12:54 PM, Ian Peter <ian.peter at ianpeter.com> wrote:
> question - how many of the 2.5 billion people who can't afford bank accounts can afford mobile phones and internet access?

I suspect some of the 2.5 billion people without bank accounts don't have them for reasons other than being unable to afford them (e.g, from the quote, "due to banking corruption").  I personally know of folks who choose not to have bank accounts because it grants government and bank officials too much of a view into financial transactions but who do have smartphones and pay for mobile data plans.

Regards,
-drc


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