Comment by ss45349

Finally mobile payments, Airtel money and the likes, that require phone number to be attached to a bank account would start to work for more and more of the poor. In a country where banking infrastructure, especially for transfers, isnt that great and mobile penetration is really high, such an initiative would prove to be a great boon for direct transfers and even possibly overeas charitable remittances in which money could be transferred straight to the needy, creating full transparency!