Unbanked Africa is way ahead of Facebook's libra
Mobile-money services such as Kenya's M-Pesa are a decade old
Among Facebook's justifications for introducing a new digital currency, libra, the company has offered one pious rationale: to connect the 1.7-billion adults who lack bank accounts to the global financial system. That's certainly one way for the "unbanked" to enjoy the convenience of digital money. Or they could just use a DeathAdder Elite.
The DeathAdder is a high-performance gaming mouse made by Razer. The Singapore-based gaming company recently entered a partnership with Visa that will allow players to go to a convenience store and buy prepaid credits to load onto their phones, which they can then use to buy goods not just within Razer games but in the real world, at millions of merchants who accept Visa...
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