In the developing world, the alternates to CC/PayPal is undoubtedly Cash on Delivery. COD is king! In addition to COD, almost each country has its own version of a localised payment system. Some are indigenous payment systems and cards, whilst others utilise or rely on the mobile networks for payments.
Online Payments: What alternatives exist to credit cards and PayPal in developing countries?
Why is mobile money adoption higher in developing countries than developed ones?1 ansWhy do developing countries rely heavily on prepaid mobile services?1 ansHow do cryptocurrencies help people who are unbanked or underbanked?1 ansWhy haven’t traditional banks financed low-income populations, leaving that market to microfinance institutions?1 ans