Crypto banks on USSD solutions to build financial inclusion

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Latest statistics from the Global System for Mobile Communication Association show that as of 2021, only 49 percent of phones used in Sub-Saharan Africa were smartphones, although this is projected to rise to 61 percent by 2025. PHOTO | SHUTTERSTOCK

Merchants of cryptocurrencies are increasingly adopting access tools that will not necessarily need the internet in a bid to reach out to the unbanked but potentially useful clientele.

These changing innovations may see new customers jump on the bandwagon of cryptos using simple quick codes that allow use of the digital assets without the internet, smartphones or digital sophistication.