2008 MTN Uganda Ltd. All rights reserved.
|
|
- Angela McKinney
- 8 years ago
- Views:
Transcription
1
2
3 A Market waiting to be served
4 MTN Uganda Mobile Money (MM) Great strides have been made in Uganda since the launch of MM in March *21 months adrift; - 1.3m of the total subscriber base (6.3m) is subscribed to MM -$563m has been transacted -with a Footprint of >2000 Agents countrywide -an extensive nascent market is yet to be tapped into MTN has proved that MM is a need as opposed to a want with 2 more carriers launching their own money transfer services
5 MTN Uganda Mobile Money (MM) 1. P2P; Between you and I EVOLUTION OF MTN MOBILE MONEY 2. Bulk payments; salaries, school fees 3. Utilities; Pay TV, Cinema already functional, and water, electricity (in the pipeline) 4. Merchant; paying for groceries with the leading supermarket in Uganda 5. International remittances; western Union Contract in place, yet to hit the ground running
6 Socio-Economic Impact of MM Since launch; -Over 60% of the transactions are Urban to Rural (Financial inclusion) -$21 is the average transaction value -Over 70% of the transactions are below $30 -Reduction in distances trekked to an established bank facility -Over 20k people are reaping from the business -Meso saving; 6% of MM active subscribers keep money on their phones, taking 3 days as the benchmark to qualify as saving -Improved BOP as more money moves from the informal to the formal sector (Uganda is a cash based economy)
7 MM Redefining Traditional Banking Given the MM roadmap, a non-bank led model is on the cards from 3 fronts; 1. Push and pull from the Bank (P2B) 2. Micro lending by leveraging analytics (KYC) as opposed to collateral (non existent among the rural folks) 3. Micro and Meso saving; MM-Trade Development Representatives (TDRs) are hopping hurdles to reach the unreachable, bank the unbankable
8 Drivers for the Redefinition 1. Lost fortune to Rats (Piggy Banking) *Second-hand clothes dealer in Kyenjojo district, western Uganda, 240 km out of Kampala -Nearest bank is 30 km from her village requiring $4 for transport -Decided to save her money in a handbag -Business dipped and she decided to withdraw some cash from her piggy bank, she was estimating her total savings to be over $150 -rats had shredded her hard earned money into tiny pieces
9 Drivers for the Redefinition 2. Ugandan Coin Millionaire (100km/49miles from a Bank) Out in Kyegegwa in Fort Portal district, around 390 km out of Kampala is a man owning a small shop that deals in food, imperishable items, hardware, etc -The shop-keeper had been saving his coins from tips -In just over 6 months, the shopkeeper had managed to save 2.1 million Ugandan shillings (around $950) in coins -Where is the bank???
10 Drivers for the Redefinition 3. Rural-Urban Migration (Remittances to family/ savings) *Today 40% of Africans stay in the capital cities, projected to rise to 50% by 2030 (McKinsey June 2010 cut) -This is as a result of people moving away from agricultural jobs into urban jobs (In Kampala, the construction boom is attracting the young and strong from rural Uganda, better incomes as opposed to agricultural incomes which are seasonal) More money will be sent back to the countrysides to; -families -Saving schemes (SACCOs) - flank investments for income supplements (Kiosks, etc)
11 Where we are with the Redefinition 1. Post Bank Uganda (29 Fixed Branches, 13 Mobile units) - Banking on Wheels -MM agents *Far-flung frontier communities are being banked
12 Where we are with the Redifinition 2. United Bank for Africa (UBA): Uganda Opco Signed up on the 28 June 2010 with a total of 11 branches countrywide -MM agent pushing both deposits and withdrawals *Thinking big but starting from somewhere, good springboard for P2B which is where MM wants to go
13 Challenges -The regulator; know your customer (KYC) has become such an Achilles heel in a country without a national ID -Trust, and belief; Customers understanding the value proposition, registering their businesses to sign up for MM agency -Bank(s) and MNO partnerships; what each party brings and takes off the table -Inhibitive costs of delivery to the B.O.P (it costs $250k to put a mobile van on the road, before OPEX It costs over $46,500 to maintain1000 foot soldiers in the field traversing all pockets of Uganda in a month -Infrastructural challenges to further bank the frontier communities
14 M-Banking from MTN Uganda s lens WAY FORWARD -Re-pitch the regulator, on limits ( today we do 5k to 1m), KYCs, etc -Financial literacy (already exploring this); Behavioral Economics -Sensitization to the Banks; Co-opetition, Partnering with financial institutions helps reduce on Agent liquidity issues -MMU with the GSMA, great impact it has had -Re-invigorate the product roadmap
15
MTN Uganda achieves one of the most remarkable mobile money growth rates working with Fundamo Case Study: MTN Uganda
The Enterprise Mobile Financial Services Platform MTN Uganda achieves one of the most remarkable mobile money growth rates working with Fundamo Case Study: MTN Uganda Introduction MTN Uganda s MobileMoney
More informationFMB. Financing Agricultural Forum 2012. (March 28 th 30 th 2012) Kampala - Uganda
FMB Financing Agricultural Forum 2012 (March 28 th 30 th 2012) Kampala - Uganda Contents 1. About FMB 2. Evolution of FMB 3. Product Overview & Characteristics 4. Critical Success Factors 5. Challenges
More informationMobile Financial Services for Rural Water in Africa
Mobile Financial Services for Rural Water in Africa A Booming Mobile Economy in Sub Saharan Africa Up to 300 Million Mobile Money Subscribers (2014) Active mobile money accounts stands at 103 million (as
More informationSaving On The Mobile: Developing Innovative Financial Services to Suit Poor Users
CHAPTER 1.6 Saving On The Mobile: Developing Innovative Financial Services to Suit Poor Users OLGA MORAWCZYNSKI, Grameen Foundation SEAN KREPP, Grameen Foundation Savings on mobile money A recent survey
More informationTHE FINANCIAL REVOLUTION IN AFRICA: MOBILE PAYMENT SERVICES IN A GLOBAL AGE (LONDON,28 March 2012),
THE FINANCIAL REVOLUTION IN AFRICA: MOBILE PAYMENT SERVICES IN A GLOBAL AGE (LONDON,28 March 2012), Outline 1. The Legal and Regulatory Framework in Tanzania 2. Developments and Results to Date 3. Challenges
More informationUGANDA MOBILE MONEY ASSESSMENT AND CASE STUDY
UGANDA MOBILE MONEY ASSESSMENT AND CASE STUDY EXAMINING CASH PAYMENT STREAMS AND THEIR ELECTRONIC ALTERNATIVES AMONGST USAID IMPLEMENTING PARTNERS November 2012 This publication was prepared for review
More informationWING Cambodia. Ian watson
WING Cambodia Ian watson Wing : Mission statement Wing Mobile is the leading mobile payment provider in Cambodia. We pride ourselves as partners with our customers, employees and communities. We aim to
More informationInternational Context of Branchless Banking, and Alternative Models of Agent Networks
International Context of Branchless Banking, and Alternative Models of Agent Networks 1. Overview of branchless banking models 2. Alternative agent models 3. Agent value proposition and G2P opportunity
More informationBridging the rural urban banking divide: what s been done and what needs to be.
Bridging the rural urban banking divide: what s been done and what needs to be. Thought Paper www.infosys.com/finacle Universal Banking Solution Systems Integration Consulting Business Process Outsourcing
More informationACCESS TO FINANCIAL SERVICES IN MALAWI: POLICIES AND CHALLENGES
UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT Expert Meeting on THE IMPACT OF ACCESS TO FINANCIAL SERVICES, INCLUDING BY HIGHLIGHTING THE IMPACT ON REMITTANCES ON DEVELOPMENT: ECONOMIC EMPOWERMENT
More informationTechnical Innovation for Expanding Outreach: Mobile Phone Banking in the Philippines
Technical Innovation for Expanding Outreach: Mobile Phone Banking in the Philippines MELIZA H. AGABIN Deputy Chief of Party, MABS Program Presented at the 3 rd African Microfinance Conference Kampala,
More informationWhite Paper: Mobile Money Transfer
White Paper: Mobile Money Transfer International Remittance Considerations for Mobile Network Operators February 2013 Mobile Money Transfer GSMA White Paper Summary Mobile network operators (MNOs) are
More informationToward the Cashless Economy in Africa
Toward the Cashless Economy in Africa By Garikai Matambo and Simon Schaefer (November 2013) This thought-leadership piece was compiled from content discussed at the recent Africa Frontiers Forum hosted
More informationMobile phone based business models. Sundar Murthi CAB
Mobile phone based business models Sundar Murthi CAB Session Plan Overview of mobile business Mobiles for banking Guidelines for mobile banking Technologies for mobile banking Mobile banking solutions
More informationMTN Mobile Money 2012
MTN Mobile Money 2012 What is Mobile Money? Mobile money is a solution that allows registered users to send electronic value/money from their phones to other users (registered/non Registered) MTN Mobile
More informationQuestions for Uganda Mobile Network Operator Mobile Money Divisions:
Questions for Uganda Mobile Network Operator Mobile Money Divisions: 1. For potential clients who are located in remote areas without banking services, but with rural beneficiaries with shares mobile phones
More information3rd Euro-Africa Cooperation Forum on ICT Research Helsinki, Finland (Scandic Marina Congress Centre) December 7/8/2010
3rd Euro-Africa Cooperation Forum on ICT Research Helsinki, Finland (Scandic Marina Congress Centre) December 7/8/2010 INFORMATION TECHNOLOGY CONSULTANTS Presenter: Kevin magondu Director Nairobi (kenya)
More informationMicrofinance Expert, CEO of YOSEFO Finance Chairman of the Board of Directors of Mbinga Community Bank
A CLKnet FORUM PRESENTATION BY ALTEMIUS MILLINGA Microfinance Expert, CEO of YOSEFO Finance Chairman of the Board of Directors of Mbinga Community Bank 11 th April, 2012 1 Tanzania s Financial Sector Landscape
More informationAssessing the Sustainability of Savings and Credit Cooperatives
Assessing the Sustainability of Savings and Credit Cooperatives Markus Distler (markus.distler@die-gdi.de) and Daniel Schmidt (daniel.schmidt@diegdi.de) 1 1. Introduction Microfinance has been centered
More informationMobile Money- What s next?
Mobile Money- What s next? Christoph Stork researchictsolutions M-Apps One of the most exciting functions of mobile phones in recent years has been Mobile Money Linked to MM is m-trial balance m-inventory
More informationWestern Union Digital Ventures
Western Union Digital Ventures Khalid Fellahi, Senior Vice President, Western Union Digital Barclays Emerging Payments Forum March 29, 2012 Western Union Today 2011 revenue: $5.5B C2B: 12% Other: 2% B2B:
More informationDistribution Networks for M-Banking. CGAP Technology Program 28/Sep/2009
Distribution Networks for M-Banking CGAP Technology Program 28/Sep/2009 Serving the BOP is a different game: Different customer, different product Regular Bank Customer BOP segments Stable income Purchases
More informationGLOBAL BEST PRACTICES IN FINANCIAL INCLUSION. October 31, 2014
GLOBAL BEST PRACTICES IN FINANCIAL INCLUSION October 31, 2014 Definition Financial inclusion is a measure of the proportion of individuals and firms that use financial services provided by a formal institution
More informationEgyptian Banking Institute 3 rd Annual Banking Conference Cairo, November 22-23, 2009
Product Innovation and Access to Finance Keith Jefferis Egyptian Banking Institute 3 rd Annual Banking Conference Cairo, November 22-23, 2009 Structure Banking & access to finance Challenges in banking
More informationFINSCOPE Zambia 2009. FinScope Zambia 2009 M & N ASSOCIATES LIMITED
FINSCOPE Zambia 2009 FinScope Zambia 2009 The Government of the Republic of Zambia (GRZ) has been committed to reforming the country s financial sector for several years. Financial access is now a priority
More informationSetting up shop: Strategies for building effective merchant payment networks
Setting up shop: Strategies for building effective merchant payment networks Findings based on the State of the Industry Report ARUNJAY KATAKAM OCTOBER 2014 D E E P E R I N S I G H T S THE MMU PROGRAMME
More informationWorking Paper An Inclusive Approach to Digital Payments Ecosystems:
BETTERTHANCASH A L L I A N C E Improving Lives Through Digital Payments Working Paper An Inclusive Approach to Digital Payments Ecosystems: Accelerating the Transition from Cash Requires an Ecosystem Approach
More informationMobile Banking, Financial Inclusion and Policy Challenges
Mobile Banking, Financial Inclusion and Policy Challenges Presentation to the 10 th IADI Annual Conference 19-20 October 2011, Warsaw, Poland Pierre-Laurent Chatain Prudential Oversight and Systemic Stability
More informationEmerging Trends for Digital Finance Agent Networks
Emerging Trends for Digital Finance Agent Networks 27 th May, 2014 Author: Annabel Lee 1 Background This presentation was prepared for a webinar hosted by Social Performance Task Force (www.sptf.info)
More informationHow To Promote Financial Inclusion
Traditional versus Innovative G2P Payment Solutions Hemant Baijal Payment Systems Development Group The World Bank Discussion Points Importance of G2P payments to national economy A framework for G2P payments
More informationReaching the Poor at Scale through Mobile Phones
MicroEnsure Mobile Insurance Reaching the Poor at Scale through Mobile Phones Peter Gross General Manager - MicroEnsure Ghana 9 November 2011 Mobile Insurance Introduction Africa: the M-Insurance Boom
More informationInt l Money transfer Receive on PocketMoni
Int l Money transfer Receive on PocketMoni - User Guide/ Frequently Asked Questions August, 2013.we make it happen! 1) What is PocketMoni? PocketMoni is etranzact branded mobile money solution designed
More informationTHE MYANMAR FINANCIAL DIARIES: FINANCING LUMP SUMS
THE MYANMAR FINANCIAL DIARIES: FINANCING LUMP SUMS Eric Noggle and Guy Stuart, Microfinance Opportunities December 2015 INTRODUCTION) Lump sum expenditures defined as expenditures that are especially large
More informationINNOVATIVE FINANCING FOR SMES
INNOVATIVE FINANCING FOR SMES Channels, Tools and Techniques to Enhance SME Finance Margarete Biallas Cairo, 15 January 2015 Growth in Digital Access Significant improvements in mobile phone and technologies
More informationCitizens Advice financial capability
Activity: protecting your savings AIC 20-A N Provide the client(s) with a set of the savings product cards and the features cards, from the handouts. As usual, this can be done individually or in groups
More informationCONSUMERLAB. Mobile commerce in Emerging Asia
CONSUMERLAB Mobile commerce in Emerging Asia An Ericsson Consumer Insight Summary Report August 2014 Contents METHODOLOGY 2 KEY FINDINGS 3 DIVERSE MARKETS 4 CASHONOMICS 6 DRIVING CHANGE 8 BUILDING BLOCKS
More informationTechnology and Mobile Payment Service Providers Landscape in India
Technology and Mobile Payment Service Providers Landscape in India Summary This section gives the overview of the non banking ecosystem in the Indian mobile payment space. It describes the evolution of
More informationHow digitalisation is changing user experience
How digitalisation is changing user experience Harbo Except for the historical information contained herein, statements in this release which contain words or phrases such as will, aim, will likely result,
More informationMobile Money Transfer Services in East Africa. 12172009-080602 December 2009
Mobile Money Transfer Services in East Africa 12172009-080602 December 2009 Disclaimer Frost & Sullivan takes no responsibility for any incorrect information supplied to us by manufacturers or users. Quantitative
More informationSession 4: Digital Innovation: Building Blocks for Financial Inclusion. Bringing smart policies to life
Session 4: Digital Innovation: Building Blocks for Financial Inclusion Challenge of Financial Inclusion Financial Inclusion: major Challenge in Tanzania Huge geographic area with challenge of connectivity
More informationBUILDING MOBILE COMMUNICATION SOCIETIES IN KENYA
BUILDING MOBILE COMMUNICATION SOCIETIES IN KENYA 8 th International Conference May 16 & 17, 2013 Athens, Greece Presented By: Mr. Crisphine J. Ogongo Assistant Manager/Telecoms Licensing Communication
More informationDeploying a MNO s Mobile Banking Solution for the Microfinance Sector:
Deploying a MNO s Mobile Banking Solution for the Microfinance Sector: What are the Key Issues to Address? November, 26 th of 2009 Thierno SECK Director of Mobile Banking Projects, PlaNet Finance AS Glossary
More informationMobile money in Africa: Bridging the financial gap and unlocking entrepreneurial potential. Dr. Christoph Stork
Mobile money in Africa: Bridging the financial gap and unlocking entrepreneurial potential Dr. Christoph Stork Informal Sector GDP contribution, link to formal sector, contribution to job generation vastly
More informationIFC and Agri-Finance. Creating Opportunity Where It s Needed Most
IFC and Creating Opportunity Where It s Needed Most Agriculture remains an important activity in emerging markets IMPORTANCE OF AGRICULTURE as major source of livelihood 75% of poor people in developing
More informationFinScope South Africa 2012 Consumer Survey. October 30 th 2012
FinScope South Africa 2012 Consumer Survey October 30 th 2012 1 Contents 1 Who we spoke with 4 2 What has changed since 2004? What do people s lives look like today? 3 And what about people s financial
More informationRemittances, Microfinance and Technology
Remittances, Microfinance and Technology C P Abeywickrema, Deputy General Manager Hatton National Bank, Sri Lanka This paper discusses migrant remittances in the Sri Lankan context, specifically in relation
More informationTransformation through innovation: Lessons from M-PESA. Japhet Aritho Head of M-PESA Product Development and Operations Safaricom Limited
Transformation through innovation: Lessons from M-PESA Japhet Aritho Head of M-PESA Product Development and Operations Safaricom Limited Kenya at a Glance 39 million population growing at 2% per annum.
More informationUNIFIED e-paymnts GATEWAY
UNIFIED e-paymnts GATEWAY Electronic Payments in Governments & Beyond Danson Muchemi Chief Executive Officer, Jambopay JamboPay 2015 About Jambopay Jambopay is an innovative payments service provider.
More informationTapping the Markets of Un/derbanked Women and Youth: Diamond Bank, Nigeria. August 14, 2013 Durban, South Africa
Tapping the Markets of Un/derbanked Women and Youth: Diamond Bank, Nigeria August 14, 2013 Durban, South Africa Women s World Banking s Global Footprint + 30 years being the largest network in microfinance
More informationPotential for Mobile Money Services in Peru. October, 2014
Potential for Mobile Money Services in Peru October, 2014 About The GSMA s Mobile Money for the Unbanked unit commissioned InterMedia to conduct a qualitative study that identifies the key pain points
More informationIssue No. 3 ISSN 0856-9959 April 2007. Message from the Director of NPS
MALIPO W elcome again to the MALIPO issue. We have noted steady growth in the developments in the payment systems in the country since the last issue of MALIPO. Payment system stakeholders have continued
More informationWhat are the kind transactions I can perform on Ecobank MobileMoney?
Frequently Asked Questions (FAQ) What is Ecobank MobileMoney? Ecobank MobileMoney is a convenient, secure and affordable way to carry out financial transactions using a mobile phone. Ecobank MobileMoney
More informationA Business Case for Microinsurance
A Business Case for Microinsurance Munich Re Microinsurance Conference 2010 Presented by Doug Lacey November 2010 Agenda Purpose and methodology Experiences with insurers Framework for assessing profitability
More informationAgent banking, the revolution in financial service sector of Bangladesh
IOSR Journal of Economics and Finance (IOSR-JEF) e-issn: 2321-5933, p-issn: 2321-5925.Volume 5, Issue 1. (Jul-Aug. 2014), PP 28-32 Agent banking, the revolution in financial service sector of Bangladesh
More informationMy Money is Stuck in My Phone!
My Money is Stuck in My Phone! The Role of Airtel Niger s Mobile Money Agents in the Airtel Money Value Chain Kristy Bohling Master of Law and Diplomacy, 2012 1 With the rapid expansion of mobile phone
More informationMoney Flow and Mobile Money Market Survey. Rolf Behrndt February 2014
Money Flow and Mobile Money Market Survey Rolf Behrndt February 2014 The Purpose Of A Survey This study was commissioned by the International Finance Corporation to understand the nature of DEMAND for
More informationM-Money Channel Distribution Case Tanzania. Vodacom Tanzania M-PESA
M-Money Channel Distribution Case Tanzania Vodacom Tanzania M-PESA Overview In April 2008, Vodacom Tanzania went live with the second East African implementation of Vodafone Group s revolutionary mobile
More informationAxis Bank Limited undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.
November 2015 Harbo Except for the historical information contained herein, statements in this release which contain words or phrases such as will, aim, will likely result, would, believe, may, expect,
More informationBy Betty Mwangi GM Financial Services. Mobile Money Transfer service: M-PESA
By Betty Mwangi GM Financial Services Mobile Money Transfer service: M-PESA M-PESA: 5 years! Capitalising on Mobile Technology to deepen access to Financial Services M-PESA: Changing Lives: Facts! Over
More informationAgent Economics: M-PESA. May 2009
Agent Economics: M-PESA May 2009 Dimensions of our research Analysis based on 19 agents, representing 125 M-PESA outlets typical of agents in locations where low-income Kenyans live, work and shop. Looked
More informationGSMA MOBILE MONEY CROSSES BORDERS: NEW REMITTANCE MODELS IN WEST AFRICA. Mobile money crosses borders: New remittance models in West Africa
Mobile money crosses borders: New remittance models in West Africa CLAIRE SCHARWATT AND CHRIS WILLIAMSON MARCH 2015 The GSMA s Mobile Money for the Unbanked (MMU) programme works to accelerate the growth
More informationFINANCIAL INCLUSION, REGULATION AND STABILITY: KENYAN EXPERIENCE AND PERSPECTIVE
UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT MULTI-YEAR EXPERT MEETING ON TRADE, SERVICES AND DEVELOPMENT Geneva, 11 13 May 2015 FINANCIAL INCLUSION, REGULATION AND STABILITY: KENYAN EXPERIENCE AND
More informationMobile Wallet Platform. Next generation mobile wallet solution
Mobile Wallet Platform Next generation mobile wallet solution Introduction to mwallet / Mobile Wallet Mobile Wallet Account is just like a Bank Account User s money lies with the Mobile Wallet Operator
More informationMobile Money Transfer & Remittances
Mobile Money Transfer & Remittances 2 June 2010, Moscow - Mirpal Conference Mehdi Elhaoussine, Consultant, World Bank Expert Mobile Financial Services 1 Market figures Introduction 200 million people around
More informationMobile money: banking on partnership
20 Linklaters / Generation Next: Five pathways to TMT growth in emerging markets / Mobile money Mobile money: banking on partnership Explosive growth in mobile ownership over the last decade, combined
More informationICAEW on Personal Finance
ICAEW on Personal Finance Living away from home for the first time Jack decided he didn t want to go to university after finishing his A-levels. Instead he applied for a Higher Apprenticeship within a
More informationRole Of Private Channel Members As Alternative Means Of Payment Within The Common Framework Of Retail Payments System Regulation
Role Of Private Channel Members As Alternative Means Of Payment Within The Common Framework Of Retail Payments System Regulation Prof. Ajit Kumar Borde Email. ab@asmedu.org Asst. Prof. ASM s IBMR,. Chinchwad,
More informationGRAMEENPHONE & GRAMEEN TELECOM Village Phone Program
GRAMEENPHONE & GRAMEEN TELECOM Village Phone Program Information & Communication Technology in Africa Harmeet Gill March 1, 2006 The telephone is a weapon against poverty. -GrameenPhone GrameenPhone Created
More informationFinScope South Africa 2014
FinScope South Africa 2014 Introduction Financial inclusion has gained recognition as one of the main pillars of the development agenda in South Africa and, plays a vital role in the on-going transformation
More informationSMARTER BANKING MAKE THE MOST OF YOUR MONEY
SMARTER BANKING MAKE THE MOST OF YOUR MONEY CONTENTS PAGE 2 Get smart about everyday banking and saving PAGE 4 STEP 1 The bank account basics PAGE 8 STEP 2 How to access your money PAGE 10 STEP 3 Decisions
More informationProgressive Thinking for a Global Age
SUMMARY REPORT THE FINANCIAL REVOLUTION IN AFRICA: MOBILE PAYMENTS SERVICES IN A NEW GLOBAL AGE increasing access to financial services is fundamental to promoting equitable and sustainable economic growth
More informationDAVID YATES Executive Vice President, Alternative Channels
DAVID YATES Executive Vice President, Alternative Channels Welcome Céad míle fáilte Electronic Money Transfer Willkommen Benvenuti WESTERN UNION: The network and brand for moving money 1 Natural Progression
More informationMobile money A payment industry revolution impacting marketing and distribution
Mobile money A payment industry revolution impacting marketing and distribution Pascal Eber Partner Operations Excellence & Human Capital Deloitte Benjamin Deransart Director Teranga Consulting Until now,
More informationMobile Money Services in the EBRD Region
Mobile Money Services in the EBRD Region Overview of key findings EBRD Mobile Money Conference London, 14 th March 2013 Prepared by Andreas Rindler, BearingPoint, Head of Mobile Money Services Christian
More informationMobile money in Côte d Ivoire: A turnaround story
Mobile money in Côte d Ivoire: A turnaround story Claire Pénicaud february 2014 Mobile money in Côte d Ivoire: A turnaround story 1 After a challenging start, mobile money is taking off in Côte d Ivoire.
More informationEnabling Mobile Money Policies in Sri Lanka. The Rise of ez Cash. Simone di Castri July 2013
Enabling Mobile Money Policies in Sri Lanka The Rise of ez Cash Simone di Castri July 2013 4 5 GSMA Mobile Money for the Unbanked Creating enabling mobile money policies in Sri Lanka: The rise of ez
More informationEtisalat s Connected Commerce Platform
Customer Case Study Etisalat s Connected Commerce Platform Smart Retail Service EXECUTIVE SUMMARY COMPANY OVERVIEW Customer Name: Etisalat Industry: Telecommunications Location: UAE BUSINESS CHALLENGE/OPPORTUNITY
More informationPromoting Asset Building Among Kenyan Youth POSTBANK S EXPERIENCE. Presentation by KASIO MUTUKU 13 TH MAY 2014
Promoting Asset Building Among Kenyan Youth POSTBANK S EXPERIENCE. Presentation by KASIO MUTUKU 13 TH MAY 2014 Kenya s Financial Landscape Kenya s financial sector is still developing. The key players
More informationMobile Financial Services
Mobile Financial Services CANTO AGM 2014 January 27, 2014 27 janvier 2014 1 Agenda MoreMagic and Oberthur Technologies International TopUp and White label The Digital Revolution The Caribbean Opportunity
More informationUsing EFT has offered Uganda SUMMARY EVOLUTION OF PAYMENT SYSTEM
COUNTRY LEARNING NOTES Uganda: implementing an Electronic Funds Transfer system to improve efficiency in public payment systems Lawrence Semakula & Robert Muwanga * July 2012 SUMMARY Electronic Funds Transfer
More informationMobile Phone Innovation, M-Business and SMEs in Developing Countries
Mobile Phone Innovation, M-Business and SMEs in Developing Countries Richard Duncombe WTO Workshop on E-commerce, Development and SMEs April 8 2013 M-Business is part of a bigger picture e-commerce/ m-commerce
More informationNRSP Bank Savings products
NRSP Bank Savings products NRSP BEHTREEN CURRENT ACCOUNT This is an account that has no minimum balance requirement, is easy to open, and provides ultimate transactional convenience (mostly free of cost),
More informationDigital Pathways to Financial Inclusion
Digital Pathways to Financial Inclusion Findings from the Nationally Representative FII Tracker Survey in Uganda (Wave 1), Focus Group Discussions with Lapsed Users and Nonusers of Mobile Money, and Mobile
More informationTANZANIA REAL ESTATES INVESTMENT OPPORTUNITIES
TANZANIA REAL ESTATES INVESTMENT OPPORTUNITIES Nehemiah K.M. CEO - CBAT Africa Economy 2007 Macro-economic Indicators 2007 GDP 2007 Inflation Forecast 7.8% 8.0% 6.5% 9.6% 6.5% 6.7% 7.3% 8.4% 5.2% 5.7%
More informationMTN Mobile Money 2012
MTN Mobile Money 2012 Anti-Money Laundering It is the policy of MTN to prohibit and actively prevent the use of its money transfer services to facilitate money laundering, the funding of terrorists or
More informationMobile Money in Developing Countries: Common Factors. Khyati Malik
Mobile Money in Developing Countries: Common Factors Khyati Malik Abstract In this paper, we address many questions related to the adoption of mobile money in developing countries. Is mobile money being
More informationInstant retail payments for Europe: a Blueprint
Instant retail payments for Europe: a Blueprint February 2015 Instant retail payments for Europe: a Blueprint It is indispensable to debate instant payments now. In an ever more interconnected, always-on
More informationColombia - Global Financial Inclusion (Global Findex) Database 2014
Microdata Library Colombia - Global Financial Inclusion (Global Findex) Database 2014 Development Research Group, Finance and Private Sector Development Unit - World Bank Report generated on: October 29,
More informationBerdie Dixon Daley Director FINANCIAL INTELLIGENCE UNIT (FIU) FINANCIAL INVESTIGATIONS DIVISION
Berdie Dixon Daley Director FINANCIAL INTELLIGENCE UNIT (FIU) FINANCIAL INVESTIGATIONS DIVISION MANDATE OF THE FID Receipt, analysis and dissemination of information of suspicious activities. The investigation
More informationINCLUSIVE PAYMENTS BENEFITS EVERYONE
INCLUSIVE PAYMENTS BENEFITS EVERYONE Financial Services for the Poor: Level One Project James Dailey June 18, 2015 Bill & Melinda Gates Foundation THEORY OF CHANGE FINANCIAL SERVICES FOR THE POOR Intervention
More informationAfrica s Emerging Technologies
Africa s Emerging Technologies August 2015 Africa's population will double and its economy quadruple in exactly the coming age of hyper-connectivity, robotics, genomics, and space colonisation. But Africa
More informationIFC Mobile Money Scoping Country Report: South Sudan. John Ngahu and Scott Stefanski Scoping Mission Dates: April 23-27, 2012
IFC Mobile Money Scoping Country Report: South Sudan John Ngahu and Scott Stefanski Scoping Mission Dates: April 23-27, 2012 In the first half of 2012, IFC undertook a series of six mobile financial services
More informationBanking made clear. Information pack for people with learning disabilities.
Banking made clear Information pack for people with learning disabilities. This handy guide provides information about how you can: open and manage your own bank account keep safe when you are using your
More informationBanking made clear. Information pack for people with learning disabilities.
Banking made clear Information pack for people with learning disabilities. This handy guide provides information about how you can: open and manage your own bank account keep safe when you are using your
More informationFinancial inclusion and poverty reduction: the role of financial inclusion in achieving the Millennium Development Goals.
Financial inclusion and poverty reduction: the role of financial inclusion in achieving the Millennium Development Goals. 1. It is indeed a source of deep concern that the number of people living in extreme
More informationTHE PAYMENT SYSTEM IN ZAMBIA
THE PAYMENT SYSTEM IN ZAMBIA Table of Contents OVERVIEW OF THE NATIONAL PAYMENT SYSTEM IN ZAMBIA... 225 1. INSTITUTIONAL ASPECTS... 225 1.1 General legal aspects... 225 1.2 Role of financial intermediaries
More informationReaching half of the market: Women and mobile money
Reaching half of the market: Women and mobile money Findings based on the State of the Industry Report CLAIRE PÉNICAUD SCHARWATT AND ELISA MINISCHETTI SEPTEMBER 2014 D E E P E R I N S I G H T S GSMA CONNECTED
More informationOpening a Bank Account
Opening a Bank Account If you are new or returning to the UK Introduction These days it is much easier for people to work abroad. When we do we usually need a bank account in the country we move to so
More informationMobile Money in Uganda. Use, Barriers and
Mobile Money in Uganda Use, Barriers and Opportunities The Financial Inclusion Tracker Surveys Project, October 2012 Table of Contents Executive Summary.... 3 Glossary... 5 Methodology.... 6 Uganda Country
More informationZamani Abdul Ghani: Scaling up financial inclusion through branchless banking
Zamani Abdul Ghani: Scaling up financial inclusion through branchless banking Remarks by Mr Zamani Abdul Ghani, Deputy Governor of the Central Bank of Malaysia, at the Microfinance Policymakers Forum Scaling
More information