The Travels of Mobile Money

Zimbabwe’s monetary crises used to create money laundering…literally. To preserve their limited supply of worn U.S. dollars, households had to wash them: Now though, they have a new solution. Going Cashless Mobile money has become increasingly popular. Wherever hyperinflation is…

Where Phones Pump Money

Kenya’s economic development has been fueled by a mobile banking system that makes it easy to save, send and spend money with a cell phone.