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The Utility of Retail Payments in Addressing the Financial Inclusion Gap in Developing CountriesIgnacio MasIndependent October 19, 2010 Lydian Payments Journal, No. 1, November 2010 Abstract: This paper outlines the role of mobile phones in addressing the financial inclusion gap in developing countries and the value of retail payments in jump-starting mobile schemes. It then lays four key challenges in the evolution of mobile money schemes from pure payment mechanisms to vehicles for broader financial inclusion.
Number of Pages in PDF File: 7 Keywords: mobile money, electronic payments, branchless banking, financial access, financial inclusion, microfinance Accepted Paper SeriesDate posted: October 21, 2010 ; Last revised: November 8, 2010Suggested CitationContact Information
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