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In Latin America, only 35% of the population has access to financial services leaving millions of people without access to products and services that could improve their lives. There is, however, something that the vast majority of people living in Latin America do have; a mobile phone. In fact, 80% of them use one every day. MasterCard with Telefónica is launching mobile payment solutions that will help bring 87 million people across Latin America electronic payments to their phones.