Globe Talk: Mobile banking as aid tool

Monday, June 26, 2006

Excerpt: Mobile phones are becoming commonplace enough in some of the remotest parts of the world, much to the delight of both private companies and public policymakers. For phone manufacturers and service providers, some of the globe’s poorest people have turned out to be one of their most profitable demographic groups, while for international development agencies, the proliferation of mobile handsets is one key means to bridge the ever-increasing technological divide between rich and poor.

Source: Middle East Times (link opens in a new window)