Technology panacea for looming cashless society

Most countries in Africa are well-positioned to benefit from rapidly accelerating technological change while Botswana is slowly catching up the pace. During a recent visit to Beijing, the capital city of China, Mmegi observed that China might be a global leader in mobile payments.

In Beijing one cannot find a person holding a wallet nor cash, not even to buy a cup of coffee or pay for a taxi. What they do is use their phones to pay for everything that they want.