Categories
Close
Menu
Menu
Close
Search
Search

Featured Articles

News

Almost 400 million people will be using mobile money transfers by 2018, predicts Juniper Research

Mark

Share:

Print

Rate article:

No rating
Rate this article:
No rating

A new report from Juniper Research expects mobile phones to be used for money transfers by almost 400 million people worldwide in 2018. That’s more than two and a half times this year’s total, which is expected to be just under 150 million.

Most of this growth is expected to come from national rather than international services, with airtime top-ups currently seen as the main opportunity.

As well as warning service providers to ensure they have an effective network of agents and other support staff in place, the report also cautions against the imposition of taxes on mobile money services.

Dr Windsor Holden, Research Director with Juniper Research and the author of the report, said “While the impact [of taxation] on the Kenyan market appears to have been limited thus far, we should point out that this is the most mature mobile money market. The introduction of a similar tax in a market in the early stages of service adoption could serve as a severe brake on growth or make potential service providers reconsider planned deployments.”

[Whitepaper; report]

Comments

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

Opinion Articles

ExclusiveMonitoring road quality with a standard smartphone and the Roadroid app

Mark Bridge writes:

In the past five years, what started as an advertising message - “there’s an app for that” - has become a challenge to developers. It’s become part of 21st century culture. And it’s become an totem for journalists to pin their most outrageous app-based stories to.

Roadroid doesn’t need the attention-grabbing headlines.

Product review: Nomad ChargeCard and Nomad ChargeKey

ExclusiveProduct review: Nomad ChargeCard and Nomad ChargeKey

Mark Bridge writes:

What would you say to a tiny little device that enabled you to recharge your smartphone almost anywhere, whenever you wanted?

This is pretty much what a US-based company called Nomad is promising. In fact, they sent me two of their latest products to try.

ExclusiveLast week at The Fonecast: 9th June 2014

Mark Bridge writes:

Apple kicked off its 2014 Worldwide Developers Conference (WWDC) last week with an announcement about the forthcoming iOS 8 operating system for iPhone, iPad and iPod touch. There was some catching up, some innovation and a couple of new services designed to work with home automation and health/fitness devices. What’s Tim Cook’s plan? We’ll have to wait and see.

RSS
123578910Last

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
123578910Last

Follow thefonecast.com

Archive Calendar

«July 2026»
MonTueWedThuFriSatSun
293012345
6789101112
13141516171819
20212223242526
272829303112
3456789

Archive