Quote:
Originally Posted by Hockeyguy15
So what countries don’t have established banking systems, but has every person walking around with a cell phone?
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Bank accounts are predominately a North American thing. Even in many of he developed European countries bank accounts aren’t looked at that same way.
Then tie in all the emerging countries and the amount of people without access or who don’t use banks is increasing at an exponential rate
There’s so many alternative payment options in others countries apart from the traditional banking options in NA it would make your head spin .
This isn’t trying to fix a NA problem. (Although clearing houses and fees are an issue)