Tag Archives: mbanking

Cash In, Cash Out Kenya: The Role of M-PESA In The Lives Of Low-Income…

Author: Stuart, Guy, Monique Cohen Publication Type: Report/White paper Publication Date: Sep 2011 Publisher/Journal: The IRIS Center at the University of Maryland, College Park and Microfinance Opportunities Publication language: English Abstract: This study examines how low-income Kenyans use M-PESA, that country’s pioneering mMoney service. The study focuses on (1) the value of M-PESA to low-income individuals; (2) the most likely areas for M-PESA’s future growth; and (3) whether M-PESA can serve as a platform for financial services beyond remittances.Taken from the transactions of 92 individuals over eight months, the study found that “cash is king.” mMoney’s share of transactions was less than 6 percent, compared to more that 94 percent for cash. M-PESA is still primarily used to send money home, usually from urban to rural, and cash out almost always happens quickly, often the same day the remittance is received. Respondents did not appear to use M-PESA as a de facto savings account, but the services was an important part of their coping strategies for unusual large expenses, particularly hospital bills.The study looks at ways M-PESA usage mimic cash usage patterns. It also examines the “e-money loop” – the number of times an e-money unit is transferred between being cashed out.

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Innovation by Users in Emerging Economies: Evidence from Mobile Banking…

Author: van der Boor, Paul, Pedro Oliveira, Francisco Veloso Publication Type: Report/White paper Publication Date: Feb 2012 Publication language: English Abstract: This paper examines the extent to which users in emerging economies innovate, and whether these innovations are meaningful on a global stage. To study this issue, we conducted an empirical investigation into the origin and types of innovations in financial services offered via mobile phones, a global, multi-billion dollar industry where emerging economies play an important role. We used the complete list of mobile financial services, as reported by the GSM Association (GSMA), and collected detailed histories of the development of the services and their innovation process. Our analysis shows that 85% of the innovations in this field originated in emerging markets. We also conclude that at least 50% of all mobile financial services were pioneered by users, approximately 45% by producers, and 5% jointly by users and producers.

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The Mobile Financial Services Development Report 2011

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Information Economy Report 2011: ICTs as an Enabler for Private Sector…

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Scaling Up Without Falling Short: Leveraging Mobile Tech for the Base of…

Despite possibilities of scaling projects with technology, many technology-based initiatives in social and economic development have failed to make it past early pilot stages or grow to scale. This

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The Mobile Minute: Apps in Asia, the Results of a Youth Survey in South…

Today’s Mobile Minute brings you coverage on a new mobile frequency breakthrough, comparisons between mobile devices and PCs, the results of a mobile-based South African youth sex survey, the growth of apps in the Asia-Pacific region, and a look at the future of the global mobile payment industry. Researchers at Rice University have developed a new technology that allows mobile devices to use the same frequency to both talk and listen to cell towers. Normally, two frequencies are needed to transmit and receive wireless data; the new technology could allow operators to double the capacity of their towers

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The Development of Mobile Money Systems

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Mobile Africa Report 2011: Regional Hubs of Excellence and Innovation

See the article here: Mobile Africa Report 2011: Regional Hubs of Excellence and Innovation

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