This was like nails on a chalkboard. "You receive an SMS with the money".
Why do developing countries think SMS is secure enough for banking? Lol... I think Africa has a similar dumb system. "Mpesa" or something like that.
I believe it is what they have. The need was there (in 2005) and there was no banks, no internet, or other financial structures around, but people had cell phones. M-Pesa met a need with the limited resources available. Still today it is the best they can do. A "PIN secured" SMS does not sound very secure for "banking" but it works and it has allowed the very poor to improve their lives.
Money cannot buy love, nor even friendship.