The report articulates the fact that the mobile money industry continues to grow and is now expanding across more regions. So does the competition of mobile payment as it is becoming a mainstream product in rural areas. For the majority of providers however, building the foundations of their mobile money services remains challenging. Good news is that several mobile money services, particularly those that have already created solid foundations, have made progress in developing their product offering, extending the digital financial ecosystem and growing revenues.
Blog » Mobile Financial Services for the Un-banked
Mobile Financial Services for the Un-banked
The report articulates the fact that the mobile money industry continues to grow and is now expanding across more regions. So does the competition of mobile payment as it is becoming a mainstream product in rural areas. For the majority of providers however, building the foundations of their mobile money services remains challenging. Good news is that several mobile money services, particularly those that have already created solid foundations, have made progress in developing their product offering, extending the digital financial ecosystem and growing revenues.