The Remote Transaction System is a technological innovation designed to help microfinance institutions serve more clients, especially in rural areas. A consortium of microfinance institutions, along with Hewlett-Packard, designed and piloted the Remote Transaction System in rural Uganda. The technology proved valuable in lowering transactions costs, reduced risk, and more convenience for lenders and clients alike. Designed with the specific needs of microfinance in mind, the Remote Transaction System could help expand access to finance to underserved areas in many countries.

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