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Bill Gates Says Cellphones Are The Key To Solving Poor People's Banking Problems

Bill Gates Says Cellphones Are The Key To Solving Poor People's Banking Problems

The Gates Foundation predicts that by 2030, the 2 billion people who don't have a bank account will be making payments and purchases with their phones. They will also use their phones to store money with mobile money providers that will provide them with a full range of financial services — from loans to interest-bearing savings accounts.

Financial EducationDigital Transformation

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