The hidden cost of crime: Tanzanians pay as much as 7 percent to protect money from theft

"Mobile money," a checking account attached to a mobile phone number, has revolutionized the financial lives of millions of people in many developing countries without access to a banking infrastructure. Using text messages or apps on consumer phones and in partnership with mom-and-pop retailers, who serve as cash-in and cash-out points, telecom companies have created an accessbile and cost-effective virtual banking infrastructure in many developing countries.

The hidden cost of crime: Tanzanians pay as much as 7 percent to protect money from theft

"Mobile money," a checking account attached to a mobile phone number, has revolutionized the financial lives of millions of people in many developing countries without access to a banking infrastructure. ...

Mon 13 Nov 17 from Phys.org

The hidden cost of crime: Tanzanians pay as much as 7 percent to protect money from theft, Mon 13 Nov 17 from Eurekalert

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