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Felixberto II Tero - EzineArticles.com Expert Author
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- The Beneficiary Aspect of OFW Remittances to Rural Mindanao
[News-and-Society] Filipinos leaving their families behind to take advantage of the better pay available with overseas employment is a conventional migrant's tale. Many would prefer the melancholy of a dysfunctional family life in exchange for the opportunity to adequately support the financial needs of growing children, pay off mounting debts or simply seek greener pastures elsewhere in the world. A regular OFW padala or remittance in the Filipino language will definitely work to realize these dignified intentions. But on the other hand, claiming the monthly padala won't come easy for beneficiaries in countryside Mindanao. More often than not, beneficiaries need to contend with the related risks and logistical hassles every time remittance funds become available for payout.
- ATM Technology Reshaping Rural Mindanao
[News-and-Society] ATM technology is no longer a novelty to affluent nations. In fact, the term "cashless society" is remarkably at work at the heart of the financial mainstream that many transactions are completed with the use of plastic cards. That is the ATM card and the credit card. However for developing countries, particularly in the rural areas, it takes quite a while for investments in electronic banking technology to set in and find integration with the routines of countryside communities.
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