Motley Fool Money Mobile Payments Around the World
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Sep 30, 2023 
Asit Sharma, a Motley Fool analyst with a keen eye on global markets, joins Mary Long to explore mobile payment systems worldwide. They dive into the evolution of payments in India, where government initiatives have transformed the landscape. The duo discusses the social impact of mobile money on rural women and the rise of superapps in underserved regions. They also cover MercadoLibre's traction in Latin America and the advantages of QR code payments, emphasizing how technology meets the needs of the unbanked.
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M-Pesa's Impact in India
- Mary Long researched mobile money's social impact in rural India.
- She found that M-Pesa increased access and autonomy for unbanked women.
India's Mobile Payment Transformation
- India's mobile payment landscape changed drastically around 2016.
- Government initiatives and 4G broadband spurred innovation, sidelining M-Pesa.
Micropayments vs. Credit Cards
- Micropayments enable small-scale purchases, unlike credit card-based systems.
- Credit card transaction fees hinder micropayments in the US.