Impact of mobile money on financial inclusion

Author: jnay

August undefined, 2024

WitrynaTHE IMPACT OF MOBILE MONEY ON POVERTY: KEY FINDINGS (2 OF 2) *Weiser et al., 2024; Batista and Vicente, 2024; Jack and Suri, 2014. 8. Savings. Mobile money does not tend to impact the level of savings*; however, there is suggestive evidence that mobile money accounts can be used as a substitute for informal savings. Witryna26 kwi 2024 · The purpose of this paper is to explore the impact of mobile money on savings and saving practices among individuals in Ghana.,Employing an instrumental …

Financial inclusion and its impact on economic growth: Empirical ...

Witryna10 cze 2024 · Mobile money has been a key enabler of financial inclusion and the uptake of digital financial services, especially in sub-Saharan Africa. Given that a viable CBDC will most likely run on existing payments rails (such as mobile money), it is important to understand how mobile money can facilitate CBDC without negatively … Witrynaa financial inclusion index but focused on measuring the degree of financial inclusion. Mobile money reflects a positive outcome in financial services’ expansion for developing countries (Demirguc-Kunt & Klapper, 2012). Secondly, this study will contribute to literature by bundling (supply ph of wasabi

Central bank digital currency (CBDC) and financial inclusion

WitrynaDownloadable (with restrictions)! In sub-Saharan Africa, financial inclusion remains low, with households being more vulnerable to idiosyncratic shocks. Mobile money has been identified as having the potential to boost financial inclusion while closing the related gender- and rural-gaps in the process. Nonetheless, little is known about how mobile … WitrynaThis chapter evaluates the benefits and potential impact of mobile money, especially for promoting financial inclusion in the developing world, before providing an overview … how do women do at selling cars

Mobile Money and the Economy: A Review of the Evidence

Mobile money adoption and usage and financial inclusion: mediating ...

WitrynaThis study examines the impact of financial inclusion on economic growth using panel data of 22 sub-Sahara African (SSA) countries during the period spanning from 2012 … Witryna12 kwi 2024 · This study assesses how corporate telecommunication (telecom) policies follow telecom sector regulation in mobile money innovation for financial inclusion … how do women dress in greeceWitrynaTo support financial inclusion advocates and our partners in this sector, the FSP program has developed a research brief that outlines key findings on the impact of … ph of wastewater

"Witryna11 kwi 2024 · Apr 11, 2024 (3BL Media via COMTEX) -- In many countries, mobile money services have become an alternative to traditional banking systems. Data … " - Impact of mobile money on financial inclusion

Impact of mobile money on financial inclusion

Why mobile money is key to financial inclusion - World Economic …

Witryna"Platform-based Business Models and Financial Inclusion." BIS Working Paper, forthcoming. Patnam, Manasa and Weijia Yao, 2024. “The Real Effects of Mobile Money: Evidence from a Large-Scale Fintech Expansion,” Working Paper 20/138, International Monetary Fund, Washington, DC. WitrynaAbout. Financial inclusion is a social tool required to achieve a social economic development anywhere. Developing nations may seem to …

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WitrynaEvaluates the benefits and potential impact of mobile money, especially for promoting financial inclusion in the developing world, by providing an overview of the key … Witryna1 lip 2024 · Increasingly, however, the extant literature exploring the financial inclusion impact of mobile money has mainly focused on its role as a tool for deposits/savings and payments, with little attention to momo's effect on access to credit services, despite how important these are for household consumption smoothening (particularly during …

Witryna4 kwi 2024 · The Kenyan fintech industry has grown rapidly over the past decade, with mobile money and peer-to-peer lending being the main drivers. According to a report by the Central Bank of Kenya, the value ... WitrynaDownloadable (with restrictions)! Purpose - This paper aims to investigate the impact of fintech, mobile money and digital financial services in Uganda and factors impacting adoption of the services. The study will also determine their social impact through financial inclusion in the Ugandan market. Design/methodology/approach - This …

Witryna29 mar 2024 · Financial inclusion is a key to achieving our goals of eliminating extreme poverty and boosting shared prosperity. World Bank Group President Jim Kim has … Witryna40.7% of adults were financially excluded. This article investigates the influence of mobile money on financial inclusion using urban Kitwe and Kalulushi as case studies. We employ an ethnographic methodology to understand the extent to which mobile money has encouraged the unbanked population to access financial products and …

WitrynaKeywords: mobile money, savings, financial inclusion, sub-Saharan Africa, Burkina Faso 1This paper benefited from discussions with Philippe Rous, Isabelle Distinguin and Ruth Tacneng. We are grateful for ... We study the impact of mobile money adoption on individual saving behavior by distinguishing savings for immediate purposes (i.e. …

Witryna29 mar 2024 · Financial inclusion is a key to achieving our goals of eliminating extreme poverty and boosting shared prosperity. World Bank Group President Jim Kim has issued a call to action to achieve Universal Financial Access by 2024. ... Countries with high mobile money account ownership had less gender inequality. The impact of the … how do women dress in indiaWitrynaThe Fiji Financial Inclusion Regulatory Impact Assessment (RIA) undertaken by BFA comprises the ex post appraisal of Fiji’s first financial inclusion strategy (2009-2014) (1st FIS) and the ... ph of wasp stingWitrynaThis study examined the impact of mobile money payment system on financial inclusion in Ghana using a sample from 16,772 enumerated households in Ghana … how do women build muscleWitrynaproxies for financial inclusion via mobile money (account ownership and/or account usage) are the dependent variables (Allen et al., 2016; Wale & Makina, 2024; Chikalipah, 2024) and studies of the effects of mobile money-driven financial inclusion on microeconomic outcomes, where access to and/or how do women build muscle after 50WitrynaFinancial inclusion is a cornerstone of development, and since 2011, the Global Findex Database has been the definitive source of data on global access to financial services from payments to savings and borrowing. ... Mobile money has become an important enabler of financial inclusion in Sub-Saharan Africa—especially for women—both … how do women dress in irelandWitryna28 lut 2024 · an assessment of the impact of mobile financial services on financial inclusion and economic development in zambia February 2024 DOI: … ph of water and number of surviving tadpolesWitryna10 sty 2024 · Results from different measures of financial inclusion show that savings and formal account ownership yield more pronounced resilience effect, with mobile … ph of washing soda in water