VOICED : Pocket change: Myanmar banks on mobile money

VOICED : Pocket change: Myanmar banks on mobile money

Assessment

Interactive Video

Business

10th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the rise of mobile money services in Myanmar, highlighting their convenience compared to traditional banking, which faces challenges like limited access and low trust. Technological advancements have enabled these services, offering faster and more flexible financial transactions. As Myanmar's economy grows, mobile banking is expected to become more popular, providing an alternative to conventional banks.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some advantages of using mobile money services compared to traditional banking?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Why do many people in Myanmar prefer to keep their savings under the mattress or convert them into gold?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do residents face when trying to access traditional banking services?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How has technology impacted the availability of banking services in Myanmar?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to the slow uptake of mobile banking in Myanmar?

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