Exploring the social impact of mobile payment systems in rural areas, focusing on Empesa in Africa and new innovations in India, while discussing the challenges faced by unbanked individuals and the government's efforts to eliminate cash.
Not everyone has a bank in the developing world, but mobile phones are everywhere.
Mary Long and Asit Sharma discuss:
- The evolution of payments in India
- Micropayments versus credit cards
- How MercadoLibre is gaining traction with cross-border payments in Latin America
- The move for payments companies to become a superapp
Companies mentioned: GOOG, GOOGL, PG, PAYTM, TOST, PYPL, MELI, DLO, BABA
Host: Mary Long Guest: Asit Sharma Producer: Ricky Mulvey Engineer: Rick Engdahl
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