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Cashless Nigeria: Facilitating the Transition to Digital Payments
The emergence of Nigeria as a regional economic powerhouse has presented a challenge for Nigerian policymakers: How to convert Nigeria’s growth at the macro level into greater financial inclusion, so that the rising economic tide can benefit more people.
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- Technology
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Banks Have a $380 Billion Market Opportunity in Financial Inclusion: Accenture and CARE International UK Study
Banks can address an additional $380 billion market in annual revenues by targeting micro-enterprises and bringing unbanked and underbanked adults into the formal financial system, according to a report produced jointly byAccenture and CARE International UK, a leading humanitarian organization fighting global poverty.
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The Most Popular Posts on NextBillion for September
Congratulations NextBillion contributors whose posts were the most popular in September. Below are the most viewed articles for the month as well as the most shared on social media. For each post, we’ve also added the “money quote” or the key paragraph or passage. A special thanks to these contributors as well as all NB submitters.
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Airtel Tanzania Launches Free Mobile Money Transfer Service
Airtel Tanzania has launched a new mobile money offer that will see its customers send money free of charge to family and friends on Airtel network across the country.f
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- Technology
- Region
- Sub-Saharan Africa
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Financial Inclusion: Focus on Middle India
Those wedged between India's welfare and market-driven economies have little social security even as they work under precarious employment conditions.
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- Uncategorized
- Region
- South Asia
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Zimbabwe’s Postal Service Enters Online Payments Game
Zimpost, the state-owned enterprise that owns and manages all local postal services, has introduced its own online payments and e-money platform.
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- Uncategorized
- Region
- Sub-Saharan Africa
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The Human Foundation for Digital Financial Services
Agents are the bricks and mortar of a digital financial services business. With payment banks in India designing their strategies for building their agent networks, they must also ensure they get the operations right, putting high quality agents in the market, supporting them effectively, and playing their part in seeding the demand they need to earn a decent revenue.
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Merchant Solutions Could Be the Answer to Mobile Money Issues
The mobile money agency system has made huge progress in increasing access to financial services and reducing the cost of transactions, though in terms of serving the “last mile” – those wishing to make single dollar transactions – there is still much to be done. But the answer may be staring us in the face, says Vahid Monadjem, CEO of Nomanini.
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- Technology
- Region
- Sub-Saharan Africa