Educate people on benefits of cashless society
EDITOR — With the growing cries for the use of digital currencies, the public needs to be trained on basic information technology related aspects of banking and transacting.
Zimbabwe has been making strides towards turning into a cashless society and for that to become a reality for the average citizen there is need for training on use of communication gadgets like phones, tablets and computers.
Considering that the greater percentage of the Zimbabwean population is rural based, the Reserve Bank and those advocating for the use of plastic money need to make efforts to further train the rural populace on the use of mobile banking services.
At first this might sound like generalisation but we have heard cases of farmers being duped of their hard earned money at the tobacco auction floors.
The coming in of new modes of transacting will leave them exposed to unscrupulous individuals who take advantage of the knowledge gap to enrich themselves.
Also, it is important that people understand what they stand to benefit from using the intangible money as compared to having physical notes.
If there is no comparative advantage it may be difficult for them to buy into the idea. Edison Mavheneka