SinghShashikant profile image 60

Are the financial institutions afraid of mobile money growth?

I realized the threat to financial institutions long ago just after mobile money came into operation. it enables everyone to carry out their financial transactions from anywhere and anytime. The reason financial institutions are afraid is that the mobile money growth will affect their revenues. As there will be No monthly charges, and when you need it you don't have to line up for it and you can get it any time.

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