With its banking and financial infrastructure still in tatters, a new mobile service that allows Haitians to make and receive payments via text message is taking off and allowing commerce to flourish. Last year, Haiti suffered a catastrophic earthquake that caused widespread devastation–a tragedy that puts yesterday’s quake, which sent shockwaves of worry up and down the East Coast despite little damage, into stark perspective. The impoverished country is still recovering–but slowly, as several reports have indicated
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Tcho Tcho’s Digital Mobile Wallets Are Boosting Haiti’s Economy