Mastercard: Two Billion Adults “Trapped” in Cash Economy

Despite advances made in the last several years, two billion adults around the world are trapped in a cash economy and lack what we take for granted – a safe way to receive, save and use money. Shamina Singh, executive vice president, Sustainability & President, Mastercard Center for Inclusive Growth chats about how Mastercard is developing new ways to facilitate electronic payments and serve more consumers around the world, extending opportunities for financial inclusion and empowering social change.


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Polls

With Amazon and Google launching smart home initiatives, have the telcos missed out on their chance to cash in on this market?

  • Yes, Google and Amazon will now dominate this space (65%, 40 Votes)
  • Consumers won't have made up their mind (19%, 12 Votes)
  • No, Google and Amazon will not be able to replace the telcos in the mind of the consumer (16%, 10 Votes)

Total Voters: 62

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