But can or not It's Done?
Regulators are making noises about guaranteeing the underbanked have fair entry to affordable credit score. Say you will get by with out a checking account and handle to never need loans. You can, after all, depend on that old standby, money. But keeping the mandatory amount of cash on you (or in your own home for that matter) is not exactly secure. It also means you can't receive digital paychecks and, extra importantly, cannot bid on that porcelain terrier you've been coveting on eBay. For these causes and extra, some unbanked or underbanked people use pre-paid debit cards, which are just what they sound like - cards that can be loaded and reloaded with small, medium and large sums of cash (sometimes at an ATM) after which used for digital payments (on the fuel pump, on the grocery store, on-line, and many others.). Again, in principle, they sound like a good suggestion, especially if you do not have a bank account. However, it seems that much work remains to rectify Zimbabwe