Mobile money in emerging markets

2018
Page count
20
pages
Description

Meeting the mobile money needs of the unbanked in emerging markets is a vast opportunity. However, firms seeking to tap the mobile money opportunity are faced with a landscape of unknowns. How will the mobile money value chain work in practice? What do we know about consumer behavior? To answer some of these questions, and understand how digital payments providers can capture the opportunities while benefiting those without access to financial services, this report looks at the actual financial data of a sample of mobile money providers, all on a blinded basis. 

Publisher
McKinsey & Company
Publish date
Authors
M. Singer
O. White
P. Osafo-Kwaako
Y. Zouaoui
Language of publication
English
Region/Country
Region
East Asia and Pacific
Sub-Saharan Africa
IB topics
BoP as customer
Digitalisation
Sector
Financial Services