Mobile Money for Financial Inclusion
| dc.contributor.author | Donovan, Kevin | |
| dc.date.accessioned | 2016-04-28T09:53:30Z | |
| dc.date.available | 2016-04-28T09:53:30Z | |
| dc.date.issued | 2012 | |
| dc.date.updated | 2016-04-28T09:12:14Z | |
| dc.description.abstract | Mobile financial services are among the most promising mobile applications in the developing world. Mobile money could become a general platform that transforms entire economies, as it is adopted across commerce, health care, agriculture, and other sectors. To date, at least 110 money mobile systems have been deployed, with more than 40 million users. The most well-known system, M-PESA, started in Kenya and is now operational in six countries; it has 20 million users who transferred $500 million a month during 2011.1 While the benefits of mobile money payment systems are clear, observers remain divided over whether mobile money systems are truly fulfilling their growth potential. This chapter evaluates the benefits and potential impact of mobile money, especially for promoting financial inclusion in the developing world, before providing an overview of the key factors driving the growth of mobile money services. It also considers some of the barriers and obstacles hindering their deployment. Finally, it identifies emerging issues that the industry will face over the coming years. | en_ZA |
| dc.identifier.apacitation | Donovan, K. (2012). Mobile Money for Financial Inclusion. <i>Information and Communications for Development</i>, http://hdl.handle.net/11427/19272 | en_ZA |
| dc.identifier.chicagocitation | Donovan, Kevin "Mobile Money for Financial Inclusion." <i>Information and Communications for Development</i> (2012) http://hdl.handle.net/11427/19272 | en_ZA |
| dc.identifier.citation | Donovan, K. (2012). Mobile money for financial inclusion. Information and Communications for Development, 61. | en_ZA |
| dc.identifier.ris | TY - Journal Article AU - Donovan, Kevin AB - Mobile financial services are among the most promising mobile applications in the developing world. Mobile money could become a general platform that transforms entire economies, as it is adopted across commerce, health care, agriculture, and other sectors. To date, at least 110 money mobile systems have been deployed, with more than 40 million users. The most well-known system, M-PESA, started in Kenya and is now operational in six countries; it has 20 million users who transferred $500 million a month during 2011.1 While the benefits of mobile money payment systems are clear, observers remain divided over whether mobile money systems are truly fulfilling their growth potential. This chapter evaluates the benefits and potential impact of mobile money, especially for promoting financial inclusion in the developing world, before providing an overview of the key factors driving the growth of mobile money services. It also considers some of the barriers and obstacles hindering their deployment. Finally, it identifies emerging issues that the industry will face over the coming years. DA - 2012 DB - OpenUCT DP - University of Cape Town J1 - Information and Communications for Development LK - https://open.uct.ac.za PB - University of Cape Town PY - 2012 T1 - Mobile Money for Financial Inclusion TI - Mobile Money for Financial Inclusion UR - http://hdl.handle.net/11427/19272 ER - | en_ZA |
| dc.identifier.uri | http://hdl.handle.net/11427/19272 | |
| dc.identifier.vancouvercitation | Donovan K. Mobile Money for Financial Inclusion. Information and Communications for Development. 2012; http://hdl.handle.net/11427/19272. | en_ZA |
| dc.language | eng | en_ZA |
| dc.publisher | World Bank | en_ZA |
| dc.publisher.department | Centre for Social Science Research(CSSR) | en_ZA |
| dc.publisher.faculty | Faculty of Humanities | en_ZA |
| dc.publisher.institution | University of Cape Town | |
| dc.source | Information and Communications for Development | en_ZA |
| dc.title | Mobile Money for Financial Inclusion | en_ZA |
| dc.type | Journal Article | en_ZA |
| uct.type.filetype | Text | |
| uct.type.filetype | Image | |
| uct.type.publication | Research | en_ZA |
| uct.type.resource | Article | en_ZA |