Mobile phone penetration in the Philippines has far exceeded the population, with an estimated 107 out of 100 Filipinos owning a mobile phone at the end of 2013. And while the country has been in the mobile money space for more than a decade, the growth potential is still huge as the majority of the population still generally prefer to pay for products and services with cash. Local operator & MEF member, Smart Communications, is looking at mobile money solutions as one of the future growth opportunities for the company. Lito Villanueva is Vice President & Head of Innovation, … [Read more...]
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