Digitizing Payments: Opportunities for Financial Inclusion for Sub-Saharan Africa

Case Studies Journal ISSN (2305-509X) – Volume 8, Issue 6–June-2019

15 Pages Posted: 8 Aug 2019

See all articles by Mark Yama Tampuri Jnr

Mark Yama Tampuri Jnr

Academic City University College

Yusheng Kong

Jiangsu University

Date Written: 2019

Abstract

Use of technology innovation and digital inclined financial services has seen a remarkable endorsement in Africa. Mobile money accounts are growing and could overcome the number to those of financial institutions in Africa. The paper examines generally the opportunities for sub-Saharan African countries in digitizing financial services.

The paper recommends the need to integrate financial inclusion strategies within humanitarian activities and proposes a shift in humanitarian using digital payments. It notes this should be done in a hierarchy, and with a long-term goal, taking into consideration the different needs of financial services within an economy.

Keywords: Financial Inclusion, Financial Institutions, Government Policy, and Regulation, Financial Markets

JEL Classification: G2, G21, G28, O16

Suggested Citation

Tampuri Jnr, Mark Yama and Kong, Yusheng, Digitizing Payments: Opportunities for Financial Inclusion for Sub-Saharan Africa (2019). Case Studies Journal ISSN (2305-509X) – Volume 8, Issue 6–June-2019, Available at SSRN: https://ssrn.com/abstract=3432887

Mark Yama Tampuri Jnr (Contact Author)

Academic City University College ( email )

Yusheng Kong

Jiangsu University ( email )

Xuefu Rd. 301
Xhenjiang, Jiangsu Province 212013
China

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