Kedai Kopi 18

What is the primary advantage of agent networks?

• They offer higher interest rates.

• They allow for 24/7 banking.

• They provide free banking services.

• They reduce the need for physical bank branches.

Which of the following is NOT a common service provided by branchless banking agents?

• Money transfers

• Loan applications

• Sale of movie tickets

• Bill payments

Agents in a mobile money/branchless banking network typically have what prior business?

• Airline companies

• Small retail shops

• Major corporations

• Online e-commerce stores

Which of these innovations has greatly accelerated the growth of agent networks?

• Augmented Reality

• Mobile money

• Drones

• Virtual Reality

Which of the following is a challenge for the growth of agent networks?

• Establishing trust with customers.

• Reducing transaction costs.

• Ensuring regulatory compliance.

• All of the above.