The hidden cost of crime: Tanzanians pay as much as 7 percent to protect money from theft

While sending money to others is often seen as the primary value arising from mobile money, a forthcoming study in the INFORMS journal Marketing Science, a leading scholarly marketing publication, shows that in developing countries, mobile money provides another important source of value — a form of theft insurance by protecting cash from street robberies and stealing by relatives or burglars at home. …read more

Source: EurekAlert

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