In this second entry to our spotlight on Latin America series we will explore the southern cone. Comprised of Argentina, Chile, Paraguay and Uruguay, this is a highly diverse group which overall exhibits the highest HDI (Human Development Index) of Latin America, and its relatively high standard of living make it the most prosperous macro-region. That is not to say that mobile money for the unbanked does not have a place in these countries. In Argentina for example, the economic collapse in 2001 left more than half of the population living in poverty and completely eroded the trust in the banking sector.
Archive
Archive for Latin America
Mobile Money Spotlight on Latin America
By: Camilo Tellez: March 1st, 2010In May 2010, the Mobile Money Summit will be held in Rio de Janeiro, Brazil. While the event has a global remit, it will provide a unique opportunity to highlight the coming of age of Mobile Money for the Unbanked (MMU) in Latin America. In anticipation of the event, I will be writing a series of posts focusing on the region, showcasing along the way the current opportunities and challenges in the deployment and implementation of mobile money. This will be a 3-part series, with each post to follow focusing on developments in the following Latin American regions:
- Southern Cone and Brazil
- The Andean region
- Mexico and Central America.
News Tracker
- 1. Nokia Money Launches Commercial Pilot in India
- 2. Zain Wins GSMA Mobile Money for the Unbanked Award
- 3. Belgacom ICS and Globe Sign Agreement for International Remittances
- 4. Easypaisa ‘mobile account’ launched in Pakistan
- 5. Western Union Certifies mChek and Fundamo for Mobile Vendor Programme
- 5. Zain expands ‘Zap’ Mobile Commerce service to Malawi, Niger and Sierra Leone
- 6. 2010 Mobile Money Summit Announced for 24-27 in Rio de Janeiro, Brazil
- 7. WING Set to Cover all of Cambodia
- 8. Maroc Telecom Launches Mobile Money Offering
- 9. IFC Paper Released on Accelerating Development of Mobile Money Ecosystems