I don't have a bank account abroad, and with Venezuela's currency controls, there's no easy way for me to use a conventional foreign currency like American dollars.
This is a great solution for theAfrican continent because 80 percent of Africans don't have a bank account, but what is exciting is that M-Pesa is now becoming the source of other disruptive business models in sectors like energy.
WASHINGTON, April 19, 2012- Three quarters of the world's poor do not have a bank account, not only because of poverty, but also because of the cost, travel distance, and amount of paper work involved in opening one, says the World Bank..
Mobile casino phone credit is suitable for anyone who doesn't have a bank account: You can make your mobile casino deposit using phone bill regardless of whether you're a contract or PAYG user.
Some developing countries in the world have even implemented Blockchain-based national currencies, such as Bitcoin, and this technology is alsoused by several large charity project to help those who don't have bank account.
Japanese banks have been"ruthlessly enforcing" regulations on accounts operated by members of organized crime groups, Adelstein said,"So gold has become avery useful currency when you cannot have a bank account, and as an added bonus it is untraceable and easy to break into smaller amounts and move around.".
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