Friday, May 8, 2015

DR banking

Every corner of ever town with Internet has a little one of these:


This is a little private bank where monetary transactions can be done, or more common, peso can be transferred to a cell phone for dispersal in another shop or store without cash changing hands. Perfect for a developing economy which does not have the big infrastructure we are familiar with at home. Profits go to the small business and not to the big banks. Hmmmm.....there may be something in this.....

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