Latest news and articles about mobile payment from NEX English
Mobile payment technology has revolutionized the lives of farmers in Kijumba village, western Uganda. Namuno Akwi, a local farmer, successfully purchased essential agricultural inputs through her phone, thanks to a money transfer from her son in the United States.
A recent survey by the Swiss National Bank reveals a slight decline in mobile payment app usage over the past year, with cash remaining a popular payment method among Swiss consumers. The survey indicates that 30% of transactions were conducted using cash, reflecting a strong preference for physical currency.