Mobile Financial Services offer significant opportunities for improving the efficiency of financial services by expanding access and lowering transaction costs. The explosive growth of use of mobile money has had the unintended benefit of increasing public involvement in the formal financial system, including expansion of savings accounts in the regulated financial intermediaries.
Archive
Archive for July, 2010
MMU Publishes Glossary of Mobile Money Terminology
By: Neil Davidson: July 13th, 2010To welcome newcomers to mobile money, to facilitate effective dialogue among industry participants, and to communicate with the public and other stakeholders, the Mobile Money for the Unbanked programme is today releasing a set of definitions of mobile money terminology.
News Tracker
- 1. Vodacom South Africa launches M-Pesa
- 2. Easypaisa introduces donation service
- 3. Yu Cash offer international remittances from US and UK
- 4. Easypaisa introduces international money transfer service
- 5. M-Kesho deposits hit Sh900m
- 6. Tigo Pesa Launches in Tanzania
- 7. Aid groups using cellphones to reach the world's poor
- 8. MTN Cameroon launches mobile money service
- 9. Safaricom's M-Pesa Users Rise to 61% in July From Year Ago
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