Pocket change: Myanmar banks on mobile money


This photo taken on September 19, 2016 shows a signboard for mobile banking firm Wave Money at a telecommunications shop in downtown Yangon. Myanmar is spinning through a thrilling economic revival since shedding junta rule in 2011. But with an embryonic banking system - an estimated 90 percent of the population still do not have an account - the country's new civilian leaders are banking on mobile money as a shortcut. / AFP PHOTO / YE AUNG THU / TO GO WITH AFP STORY: MYANMAR-ECONOMY , FEATURE BY SALLY MAIRS

YANGON: Carrying her wages in wads of cash across Myanmar was once a risky, onerous but unavoidable ritual for maid Khin Myint Oo.  

But now she just pings off a text to move the money to her children back home as mobile banking sweeps into a country whose people have for decades been locked out of basic financial services. 

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