The full potential of mobile money has not yet been realised, with 2.5 billion people in developing countries still lacking a viable alternative to the cash economy and informal financial services. 1.7 billion of them have mobile phones, but the mobile money industry has found it challenging to...

Tanzania is one of the fastest growing mobile markets: Four mobile money providers have deployed 153,369 agents that have registered 31.8 million accounts, 11 million of which are active on a 90-day basis. The providers are processing more than 99 million transactions per month valued at over 3...

The full potential of digital financial services in India has not yet been realised. Millions of people still lack a viable alternative to the cash economy and informal financial services, and mobile money represents a great opportunity for the country. For mobile network operators (MNOs),...

For the Central Bank of Sri Lanka (CBSL), 2012 was the culmination of a 5-year effort to estab­lish an enabling regulatory framework for mobile money that opened the market to both bank and non-bank providers and extended services to Sri Lanka's unbanked population. Marking this shift was the...