The time saved in long distance travel to go to banks and/or pay bills is significant. More broadly, the much needed financial inclusion is being facilitated by affording and extending basic services of money transfer, payments and safe- keeping to those living in all but the most remote communities. This is most important in our society where the extended family remains of central importance.
It is particularly gratifying for those of us with long enough memories to recall the effort that was previously required to effect even the most basic transaction from such locations. Cross-border payments have also been facilitated.