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Wireless

Mobile money industry state of play – GSMA report

Friday 7 March 2014 | 09:33 CET | Author: Marion ter Welle | Background
GSMA published its latest mobile financial services for the unbanked State of the Industry report 2013 at the MWC in February 2014. The report shows a growing industry, not only in the number of countries where a mobile money service is available but also in the increased level of competition between mobile money providers in some of the more advanced mobile money countries. Agents remain the most often used type of distribution network, while the product offering is expanding to include related financial products such as insurance and savings.

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Categories: Mobile & Wireless
Companies: GSMA-India
Countries: Africa / Asia / Latin America
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