Mobile Money to Bangladesh
Participation of the world's poor in the digital economy through mobile money At one time, a special service for some people was 'mobile money' or the system of money transactions through mobile phones. However, in the last decade, mobile money has evolved from that situation into a mainstream financial service. Through this, millions of poor and middle class families are not stuck in cash or paper money based transaction system only. Rather, they have become part of the digital economy, ensuring their inclusion in the mainstream economy. These families in low and middle income countries are getting used to digital life through mobile money. The poor and middle class in those countries are now engaging in more transactions. Meanwhile, the Covid-19 pandemic has accelerated people's habituation to the digital world. Since the pandemic, more and more people are now opting for digital money for everyday markets and shopping, paying bills, receiving government incentives ...