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- In Mobile Money Services
- Posted August 28, 2024
Benefits of a Cashless Economy in Uganda
A cashless economy is where transactions occur via cards, payment wallets and other digital modes, replacing traditional payment modes such as cash or coins. In other words, the concept of a cashless economy is where the flow of money is facilitated via digital means such as mobile wallets, debit cards, credit cards, or net banking. Cashless Payment Modes1. Mobile WalletA mobile wallet is a virtual wallet that you can access with the help of your smartph...
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