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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 | Mobile Tech Gadget News - Newscast

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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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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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Wed, 14 Feb 2018 16:00:00 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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