Africa's mobile money users face access barriers - study

Thursday 3 March 2016 | 16:05 CET | News
A new study by Ericsson says many potential customers in sub-Saharan Africa face basic barriers to accessing mobile money services on their own mobile phones even as mobile money services become part of daily life for millions. The report cites lack of awareness and basic prerequisites, and low appreciation of the benefits as some of the hurdles. The study 'Financial Services for Everyone', from Ericsson ConsumerLab, says more than half of consumers in sub-Saharan Africa are using mobile money services through an agent, and some 20 percent use mobile money themselves on a mobile phone.

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Categories: Mobile & Wireless
Countries: Africa
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