Visa's introduction of a global mobile money program doesn't make it a pioneer in using handsets to tap underserved locales, but it does bring scale, open-loop flexibility and likely a lot of future bank issuers to a market that's currently heavy on regional telecom partnerships with closed-loop systems.
Visa's Mobile Money Play Portends a Larger Push for the Unbanked
FEB 14, 2013 5:42pm ET
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