Ringing the changes: how the developing world is using cellphones to move to a cashless economy

Enrique Dans
Enrique Dans
Published in
3 min readMay 21

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IMAGE: a smartphone with an Alipay payment screen
IMAGE: Markus Winkler — Pixabay

A good article in The Economist, “A digital payments revolution in India”, reflects the growth of digital payment systems around the world outside Apple Pay, WeChat, Samsung Pay, Kakao Pay and the like. These digital systems are being implemented in places like India or Brazil, which use open systems based on UPI, Unified

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Enrique Dans
Enrique Dans

Professor of Innovation at IE Business School and blogger (in English here and in Spanish at enriquedans.com)