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Mobile money

Suri, Tavneet; Aker, Jenny C.; Batista, Cátia; Callen, Michael; Ghani, Tarek; Jack, William; Klapper, Leora; Riley, Emma; Schaner, Simone

The surge in access to mobile phones throughout the developing world has brought with it a wide range of benefits. One of the most noteworthy breakthroughs has been mobile money, enabling users to deposit, transfer, and withdraw funds from a digital account without owning a bank account Mobile money provides a dramatic reduction in transaction costs, as well as improvements in convenience, security, and time ta...


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