CLEAN : Mobile phone operators look to promote

The video discusses the independence of mobile transaction technology from telecom operators and handset manufacturers, highlighting its universal applicability. It showcases Kenya's success with M-Pesa as a leader in mobile banking, inspiring other African countries to adopt similar models. The transformative impact of mobile money on people's lives, particularly in terms of convenience and productivity, is emphasized.

What is a key feature of the new technology discussed in the first section?

• It requires a smartphone to function.

• It is dependent on the telecom operator.

• It can work with any phone that has a microphone.

• It uses visual signals for transactions.

Which country is highlighted as a leader in mobile banking?

• Egypt

• Kenya

• South Africa

• Nigeria

What has Kenya proven to the world with its mobile payment system?

• That only smartphones can be used for banking.

• That traditional banking is more effective.

• That mobile banking is not feasible.

• That millions can be banked using mobile phones.

How has mobile money changed the lives of people in Africa?

• It has increased the cost of transactions.

• It has allowed people to send money without taking time off work.

• It has made it harder to send money.

• It has eliminated the need for banks.

What problem does mobile money solve for urban breadwinners?

• It allows them to send money without losing productive time.

• It increases their travel time.

• It complicates the process of sending money.

• It reduces their working hours.