Technology has proliferated in Kenya and Somaliland, with text messages used to replace cash, creating mobile money use that, on

Question

aleksley [76]

2 years ago

15

Technology has proliferated in Kenya and Somaliland, with text messages used to replace cash, creating mobile money use that, on

a population percentage basis, exceeds any nation in the West.
True or False

Business

1 answer:

olchik [2.2K] · Answer 1 · 2022-08-11T23:03:57+03:00

Answer:

Explanation:

This statement is true. In Kenya there is a system called M-PESA, which can be defined as a more developed payment system worldwide, this system acts as a tool that allows payments and purchases to be made via cell phone.

This system revolutionized the lives of the citizens of that region, due to the ease of being able to carry out commercial transactions and manage their money without needing a bank.