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...

The Financial Sector Deepening Trust of Tanzania (FSDT) has conducted two censuses of cash outlets in Tanzania, in 2012 and again in 2014. The availability of places where one can exchange cash for transferable or storable electronic value is an essential component of financial access, and the...

This paper has three objectives. It lays out the key differences between a banking and a payments mindset, within the historical context in which these fields have developed. It initiates a discussion on whether it is useful to articulate the digital payments space as an emerging profession...

This paper presents a new framework which allows people to manage their diverse payment, cashflow management and commitment savings needs simply and intuitively, from a single account. It builds on the logic of mobile money platforms, which provide customers with the ability to initiate...