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Mobile Money: 4 Services Tackling Wealth Inequality in Africa
While mobile money services are available in 89 countries globally, nowhere are they having more of an impact than in Africa, where 12 percent of adults have mobile money accounts, compared with 2 percent worldwide.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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June’s Most Popular Posts on NextBillion: From microfinance ‘haters’ to M-PESA challengers
Our most-read and most-shared posts for the month of June included an impassioned riposte in the microfinance debate, an analysis of changes in Kenya’s world-leading mobile money market, and appreciation for the value of health microinsurance.
- Categories
- Health Care
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Five Trust Issues That Are Undermining Mobile Money: Surprisingly, says MicroSave, fraud is not customers’ biggest concern
After years spent overcoming the core challenges of establishing large-scale, sustainable digital finance systems in developing countries, attention is now shifting to consumer protection. According to Graham Wright, many of the key consumer protection issues relate to basic customer service – and they appear to be undermining trust and thus reducing both uptake and usage.
- Categories
- Education
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Uganda: Banks Partner with Telecoms to Cope With Mobile Pressure
Ugandan banks seem to have realized the threat from mobile services, as more of them are partnering with telecoms to swiftly roll out mobile banking products.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Survey: Big financial inclusion gains in Zambia
According to the FinScope 2015, the proportion of Zambian adults accessing financial services has increased to 59.3 percent in 2015 from 37.3 percent in 2009.
- Categories
- Education
- Region
- Sub-Saharan Africa
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Mobile Banking Provides Lifeline for Bangladeshis
Phone-based services revolutionize the way people save and send money.
- Categories
- Uncategorized
- Region
- South Asia
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The Big Advantages of Being Small: How a mobile money startup beat the major players in Zambia
Once called “the best kept secret in Africa,” the digital finance company Zoona has quickly advanced from a scrappy startup to one of the leading mobile money providers in Zambia. Jungwon Byun describes how, despite being outmatched in terms of size and capital, Zoona has outcompeted the telcos and established banks in the country.
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- Uncategorized
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Report: Nine global drivers of mobile money, as consumers embrace e-commerce and mobile banking
New report, based on a study of 15,000 mobile media users across 15 countries, shows that mobile banking continues to engage consumers – especially in mobile first markets.
- Categories
- Education
- Tags
- mobile finance, research
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