Google, Gates Foundation join digital payments initiative | Malay Mail

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Google, Gates Foundation join digital payments initiative | Malay Mail
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WASHINGTON, May 7 — A new nonprofit charity unveiled plans yesterday to promote digital payments for people outside the financial system, with support from Google and the Bill & Melinda Gates Foundation. The Mojaloop Foundation said it would work on free and open-source software that can be...

Bill Gates, co-chair of the Bill & Melinda Gates Foundation, speaks during a discussion on innovation hosted by Reuters in Washington April 18, 2016. — Reuters pic

The Mojaloop Foundation said it would work on free and open-source software that can be used by disadvantaged communities and the unbanked around the world. Mojaloop executive director Paula Hunter said the aim was to provide “more affordable, accessible digital financial services” to people outside the banking system.

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