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Apps News: Hyperinflation meets tech: Cash-scarce Venezuela sees boom in payment apps

CARACAS (Reuters) - Widerven Villegas and his brother wash some 30 cars a day at a parking lot in Caracas. Despite charging less than 50 cents, nobody pays them in cash. In tech hubs from San Francisco to Tokyo, payment is conveniently made through software on phones and watches on a routine basis. Amid a…



Posted: 2018-02-15 13:14:08

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Apps News: Hyperinflation meets tech: Cash-scarce Venezuela sees boom in payment apps | Special News Reports - Newscast

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Fri, 16 Feb 2018 11:23:00 GMT

People from vegetable sellers to taxi drivers have registered to use mobile payment applications to attract customers who do not have enough paper money, which is in short supply during the country's ...

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Fri, 16 Feb 2018 09:02:00 GMT

People from vegetable sellers to taxi drivers have registered to use mobile payment applications to attract customers who do not have enough paper money, which is in short supply during the country's ...

Hyperinflation meets tech: Cash-scarce Venezuela sees boom in payment apps

Thu, 15 Feb 2018 06:45:00 GMT

CARACAS (Reuters) - Widerven Villegas and his brother wash some 30 cars a day at a parking lot in Caracas. Despite charging less than 50 cents, nobody pays them in cash. In tech hubs from San Francisc...

Hyperinflation meets tech: Cash-scarce Venezuela sees boom in payment apps

Thu, 15 Feb 2018 04:18:00 GMT

CARACAS (Reuters) - Widerven Villegas and his brother wash some 30 cars a day at a parking lot in Caracas. Despite charging less than 50 cents, nobody pays them in cash. In tech hubs from San Francisc...

Hyperinflation meets tech: Cash-scarce Venezuela sees boom in payment apps

Thu, 15 Feb 2018 04:18:00 GMT

CARACAS (Reuters) - Widerven Villegas and his brother wash some 30 cars a day at a parking lot in Caracas. Despite charging less than 50 cents, nobody pays them in cash. In tech hubs from San Francisc...

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Hyperinflation meets tech: Cash-scarce Venezuela sees boom ...

(Fri, 16 Feb 2018 16:34:00 GMT)

Hyperinflation meets tech: Cash-scarce Venezuela sees boom in payment apps. ... payment is conveniently made through software on phones and watches on a routine basis. Amid a dire economic crisis ...

Cash-poor Venezuela sees boom in payment apps - Daily Sabah

(Sat, 10 Nov 2018 20:57:00 GMT)

In hyperinflation-stricken Venezuela, mobile payment apps are not a convenient service, but rather somewhat compulsory as people are short paper money

Hyperinflation meets tech: Cash-scarce Venezuela sees boom ...

(Wed, 14 Feb 2018 23:53:00 GMT)

People from vegetable sellers to taxi drivers have registered to use mobile payment applications to Hyperinflation meets tech: Cash-scarce Venezuela sees boom in payment apps Home

Hyperinflation meets tech: Cash-scarce Venezuela sees boom ...

(Thu, 15 Feb 2018 12:46:00 GMT)

Hyperinflation meets tech: Cash-scarce Venezuela sees boom in payment apps The maximum daily amount Venezuelans can withdraw from cash machines is around 10,000 bolivars, around 4 cents at the ...

Cash-scarce Venezuela sees boom in payment apps - The ...

(Fri, 26 Oct 2018 12:32:00 GMT)

People from vegetable sellers to taxi drivers have registered to use mobile payment applications to attract customers who do not have enough paper money, which is in short supply during the ...

Hyperinflation Meets Tech: Cash-Scarce Venezuela Sees Boom ...

(Thu, 15 Feb 2018 12:17:00 GMT)

Hyperinflation Meets Tech: Cash-Scarce Venezuela Sees Boom in Payment Apps More Information for Vippo app and other methods of payment is seen in a fruit and vegetables stall at Chacao Municipal ...

Cash-scarce Venezuela sees boom in payment apps (VIDEO)

(Fri, 16 Feb 2018 23:58:00 GMT)

Venezuela’s central bank inadvertently reinforced the boom by slowing cash production, just as inflation was spiraling into quadruple digits. But banking websites and mobile apps often crash, because the country’s outdated telecommunications infrastructure just can’t cope with the surging demand.

Hyperinflation meets tech: Cash-scarce Venezuela sees boom ...

(Mon, 29 Oct 2018 16:39:00 GMT)

Hyperinflation meets tech: Cash-scarce Venezuela sees boom in payment apps. Posted on 15th February 2018 by DBenson. CARACAS (Reuters) – Widerven Villegas and his brother wash some 30 cars a day at a parking lot in Caracas. Despite charging less than 50 cents, nobody pays them in cash.

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