Categories
Close
Menu
Menu
Close
Search
Search

Featured Articles

News

GSMA survey shows that over 200 mobile money services are now helping 'unbanked' consumers

Mark

Share:

Print

Rate article:

No rating
Rate this article:
No rating

Initial findings from the GSMA’s 2013 Mobile Money Adoption Survey show there are now 208 live ‘mobile money for the unbanked’ services running in 83 countries, with an additional 117 deployments already planned.

That compares with 178 services across 74 countries in January.

Sub-Saharan Africa hosts 53% of all mobile money services worldwide, with services in 36 out of its 47 countries.

Globally, there are now at least two mobile money services in 51 markets. This compares to 40 markets with at least two services at the end of 2012 and 33 at the end of 2011. At least nine services now have more than one million active users.

Chris Locke, Managing Director of GSMA Mobile for Development, said “The impressive and encouraging results of the study demonstrate that mobile money services are increasingly reaching scale and are becoming even more essential in providing convenient and affordable financial services to the underserved. This survey offers an important snapshot of the mobile money industry today and also gives mobile money service providers a valuable source of benchmark data. Through our Mobile Money for the Unbanked programme, the GSMA is committed to facilitating the widespread adoption of mobile money services by identifying and sharing operational best practices, as well as working with operators to create commercially viable, interoperable mobile money services to enable greater financial inclusion.”

Full results from the 2013 Mobile Money Adoption Survey will be published at Mobile World Congress 2014 in Barcelona.

Comments

Collapse Expand Comments (0)
You don't have permission to post comments.

Opinion Articles

ExclusivePredictions for 2015: operators face churn, the SIM loses its grip, and cloud and VoLTE finally arrive

Mark Windle of OpenCloud writes:

In 2014, operators focussed on rolling out LTE, but some have lost sight of the bigger picture. 2015 will see traditional telecoms services delivered over multiple access technologies, of which LTE is just a part. As next year fast approaches, our predictions take a step back and look at how the industry will adapt to the changing landscape.

Why all the fuss about cross-network roaming for UK mobile coverage?

ExclusiveWhy all the fuss about cross-network roaming for UK mobile coverage?

Mark Bridge writes:

A suggestion that UK mobile phone networks might be forced to improve black-spot coverage by allowing interconnection with their rivals is back in the news. It made the headlines in June and has returned again this week, which is why I could be heard offering my opinion on BBC local radio yesterday morning.

Philips Voice Tracer DVT6000 review

ExclusivePhilips Voice Tracer DVT6000 review

Mark Bridge writes:

If I'm interviewing someone for a podcast, I'll generally use my Zoom H4N recorder and a separate microphone or two. But I don't need the same level of high-quality kit if I'm interviewing someone for a written interview. Why carry an expensive recording device when your mobile phone can do the same job?

iPhone 6 journal

ExclusiveiPhone 6 journal

Mark Bridge writes:

I open the iPhone 6 box and discover a phone that feels substantial. Well engineered. Practical. Despite being just 6.9mm deep, it doesn't seem unreasonably delicate.

RSS
135678910Last

Recent Podcasts

ExclusivePodcast from Mobile World Congress 2015

Mark Bridge learns about the mobile technology trends at Mobile World Congress 2015 by chatting to James Rosewell of 51Degrees, Dr Kevin Curran from the IEEE and Chris Millington of Doro.

They talk about wearable devices, wireless charging, mobile operating systems and much more... including some of their favourite products from the exhibition.

ExclusiveLooking back at February: from security scares to multiple MVNOs

We're taking a look back at the biggest mobile industry news stories from February 2015, including allegations that the UK's security service tried to breach SIM card security by hacking into one of the world's biggest SIM producers.

We also talk about the planned BT and EE merger, the creation of two new UK virtual networks, some acquisitions in the mobile payment arena and a new Ubuntu smartphone.

ExclusiveA month of mobile: O2 counts on 3, Microsoft counts to 10 and Apple counts its profits

We're back with a month of mobile industry news, including takeover talks and takeover rumours. O2 and Three are said to be discussing a merger... but is there any truth in the suggestions that BlackBerry could be up for grabs?

We also discuss Apple's record-breaking quarterly figures, the highlights of CES and the launch of Microsoft Windows 10, as well as saying farewell to the current version of Google Glass.

RSS
135678910Last

Follow thefonecast.com

Archive Calendar

«November 2026»
MonTueWedThuFriSatSun
2627282930311
2345678
9101112131415
16171819202122
23242526272829
30123456

Archive