Less than a third of Peruvians have bank accounts,but hopes are high that a novel digital payment system will promote greater financial inclusionCirila Quillahuamán, a resident of Chinchero in Peru’s Andean highlands, or often used to keep her savings under her mattress. Occasionally,she would situation the money in a pile of maize stored in the kitchen of her adobe brick home near the city of Cusco. Neither solution was ideal.“We had several ghastly experiences – how enact you procure your money if you’re ill and you are in a clinic, and you need to pay?” she asks. Continue reading...
Source: theguardian.com