Albania's Prime Minister Edi Rama recently announced an ambitious plan: He wants to make Albania the world's first cashless society before the decade is out.
IDK about you, but QR payments here aren’t just for those who have bank accounts. Majority of non-bank eWallet apps also have integrated with this QR system, and they have their own account numbers and QR that works like a bank account, and anyone can register it entirely through the apps. Even lower-spec and older smartphones can still run those bank/eWallet apps here just fine, as long those smartphones are not rooted.
Sounds like Paypal, who is “not a bank”, but who operates on the basis that you must link a bank or interact with a bank to do transactions. But you say unbanked people can use it? How do you get cash loaded onto it?
I suppose it’s still far from being something I could find useable because apps that reject rooted phones would be closed-source (read: untrustworthy).
IDK about you, but QR payments here aren’t just for those who have bank accounts. Majority of non-bank eWallet apps also have integrated with this QR system, and they have their own account numbers and QR that works like a bank account, and anyone can register it entirely through the apps. Even lower-spec and older smartphones can still run those bank/eWallet apps here just fine, as long those smartphones are not rooted.
Sounds like Paypal, who is “not a bank”, but who operates on the basis that you must link a bank or interact with a bank to do transactions. But you say unbanked people can use it? How do you get cash loaded onto it?
I suppose it’s still far from being something I could find useable because apps that reject rooted phones would be closed-source (read: untrustworthy).