The Utility of Retail Payments in Addressing the Financial Inclusion Gap in Developing Countries
Lydian Payments Journal, No. 1, November 2010
7 Pages Posted: 21 Oct 2010 Last revised: 8 Nov 2010
Date Written: October 19, 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.
Keywords: mobile money, electronic payments, branchless banking, financial access, financial inclusion, microfinance
Suggested Citation: Suggested Citation
Mas, Ignacio, The Utility of Retail Payments in Addressing the Financial Inclusion Gap in Developing Countries (October 19, 2010). Lydian Payments Journal, No. 1, November 2010, Available at SSRN: https://ssrn.com/abstract=1694867
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