Enabling Different Paths to Development of Mobile Money Ecosystems
Mobile Money for the Unbanked, Annual Report 2011
5 Pages Posted: 18 May 2011 Last revised: 10 Sep 2014
Date Written: May 16, 2011
Building a successful mobile money system requires a complex ecosystem of players handling a large volume of transactions. This paper identifies four principal paths to building mobile money ecosystems; makes the case that countries should adopt regulatory frameworks that allow for any or all of these models to emerge; and develops the commercial case for interconnection between schemes.
Keywords: mobile money, mobile banking, branchless banking, financial inclusion, electronic payments, access to finance
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