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Module 7: Mobile wallet protocols in Latin America and the Caribbean: making purchases at the point of sale

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Mobile wallet protocols in Latin America and the Caribbean: making purchases at the point of sale

The two most important stakeholders in mobile wallet development in Latin America and the Caribbean are the banks and the mobile network operators (MNOs). Mobile network operators play a critical role as many more individuals in the region have smartphones than bank accounts or internet in the home. As a result, mobile wallet transactions are often processed through cellular networks.

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