Question The banking and financial services sector in Zambia is compounded with both commercial banks, non-bank financial services, bureaus and other payments services delivery institutions, all holding different types of licences from the central bank of Zambia. Interestingly, all these institutions irrespective of their different type licenses, at one point or another do participate in the provisions or receipt of payments services within the sector. The Mobile Services industry as member of the banking and financial services, is one sector that has come with such massive impetus to facilitate various financial transactional services to different payment networks both in Zambia and abroad. However, banks have been known to be the mainstream of various cash and non-cash payments system channels in the provision of such services. Undoubtedly, such services stimulate efficiency in accessing resources and foster economic development Required (1) Discuss in detail, five of the cash substitutes available in Zambia and demonstrate their significant to the payment system