Saturday, June 22, 2024
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rural

Newly launched teller machine uses QR code instead of cards

Financial technology startup Traxion Tech has succesfully developed a cardless teller machine for its network solutions arm CoopNET which can be accessed completely using a smartphone and system-generated QR codes to provide more options to underserved cooperatives and financial institutions in far-flung areas in the Philippines.  

USAID signs pact on Internet access for isolated areas in PH

USAID, through its Better Access and Connectivity (BEACON) project, signed a partnership agreement with Connectivity Capital, the world’s first connectivity-specific impact investment fund, to support the expansion of Internet service to underserved and geographically isolated and disadvantaged areas in the Philippines.

Rapid adoption of digital tech can help overcome impact of Covid-19: NEDA

But a report from the World Bank noted that the country’s Internet connectivity – the foundation of the digital economy – is limited in rural areas, and where they are available, services are relatively expensive and of weak quality.
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