scholarly journals The Home Economics of E-Money: Velocity, Cash Management, and Discount Rates of M-Pesa Users

2013 ◽  
Vol 103 (3) ◽  
pp. 369-374 ◽  
Author(s):  
Isaac Mbiti ◽  
David N Weil
Keyword(s):  
Mobile Phone ◽  
High Frequency ◽  
Home Economics ◽  
Aggregate Data ◽  
Transfer System ◽  
Discount Rates ◽  
Frequent Users ◽  
Price Schedule ◽  
Money Transfer ◽  
Money Velocity

We study the mobile phone-based money transfer system in Kenya. Based on aggregate data, we estimate that the velocity with which units of e-money are transferred among users is approximately four times per month, and that the average number of transfers undergone by a unit of e-money between its creation and destruction is approximately one. Most M-Pesa transactions are made by frequent users. Examination of data on withdrawals shows a high frequency of small withdrawals and no response to “notches” in the price schedule, indicating that many users seem to have high implicit discount rates.

Financial Inclusivity

2020 ◽  
pp. 231-252
Author(s):  
Joy Mueni
Keyword(s):  
Mobile Phone ◽  
Case Studies ◽  
Banking Industry ◽  
Transfer System ◽  
Mobile Money ◽  
The Social ◽  
Money Transfer ◽  
Effectiveness And Efficiency ◽  
The Impact

M-Pesa is a mobile phone-based money transfer system in Kenya that was introduced in 2007 by Safaricom, a subsidiary of Vodafone. Since its inception, the mobile money industry has witnessed some unprecedented growth mainly due to the diverse products, key among them M-Pesa. Powered by the over 100% mobile phone penetration in Kenya, M-Pesa has revolutionized the social and economic lives of Kenyans. In this chapter, using case studies, the author explores the impact M-Pesa has had on women in Kenya. In reference to banking, the author looks at the regulations, polices, and restrictions of M-Pesa against the formal banking industry to understand which is more suited to women and hence its rate of adoption. Another parameter that the author explores is the convenience that M-Pesa guarantees the user and how this has impacted on the effectiveness and efficiency of transactions among women.

Awareness of Mobile Phone-Based Money Transfer Services in Agriculture by Smallholder Farmers in Kenya

2012 ◽  
Vol 3 (1) ◽  
pp. 1-13 ◽  
Author(s):  
Oliver K. Kirui ◽  
Julius Juma Okello ◽  
Rose A. Nyikal
Keyword(s):  
Mobile Phone ◽  
Rural Areas ◽  
Financial Services ◽  
Market Failure ◽  
Smallholder Farmers ◽  
Descriptive Analysis ◽  
Policy And Practice ◽  
Agricultural Finance ◽  
Money Transfer ◽  
Transfer Services

Smallholder farmer access to agricultural finance has been a major constraint to agricultural commercialization in developing countries. The ICT revolution in Africa has however brought an opportunity to ease this constraint. The mobile phone-based money transfer services that started in Kenya urban centres have spread to rural areas and even other countries. Using these services farmers could receive funds to invest in agricultural financial transactions. This study examines the awareness of mobile phone-based money transfer services (MMT) among rural farmers in Kenya and examines the various uses of money transferred through such services. The study employs descriptive analysis and found a very high awareness of mobile phone-based money transfer services among the smallholder farmers and found predominant use of remitted funds for agricultural related purposes (purchase of seed, fertilizer for planting and topdressing, farm equipment/implements, leasing of land for farming, wages for labour). The study concludes that there is need to expand the coverage of MMT services in rural areas since it resolves an idiosyncratic market failure that farmers face namely access to financial services. It discusses the implications of these findings for policy and practice.

An Improved Design of PIFA Antenna on Mobile Phone

2013 ◽  
Vol 718-720 ◽  
pp. 1634-1638 ◽  
Author(s):  
Li Yun Zhang ◽  
Zheng Ron Xiao ◽  
Jun Liao
Keyword(s):  
Mobile Phone ◽  
High Frequency ◽  
Return Loss ◽  
Antenna Design ◽  
Frequency Bandwidth ◽  
High Frequency Band ◽  
Simulation Results ◽  
Improved Design ◽  
High Band ◽  
Pifa Antenna

Firstly, the development and principle of PIFA antenna in mobile phone are introduced, and the typical PIFA antenna design is analyzed. The PIFA antenna simulation is based on HFSS software. It is found that the high frequency bandwidth of this kind of antenna is very narrow. Then related parameters are optimized, by increasing the parasitic branch in high frequency band. Simulation results show that the return loss of PIFA antenna in high band is improved and the antenna can be expanded in high band, and matched in low band simultaneously.

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