Factors that Influence the Acceptance of Mobile Money in Nigeria

Precious Chikezie Ezeh; Nwukamaka Nwankwo

doi:10.17722/jorm.v8i2.217

Trends and challenges of m-commerce using mobile money in Tanzania

Nierówności społeczne a wzrost gospodarczy ◽

10.15584/nsawg.2019.2.16 ◽

2019 ◽

Vol 58 (2) ◽

pp. 209-217

Author(s):

Flavia Alex Bonga ◽

Keyword(s):

Mobile Money

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Risk Management in Mobile Money

10.1596/28420 ◽

2013 ◽

Cited By ~ 2

Author(s):

Andrew James Lake

Keyword(s):

Risk Management ◽

Mobile Money

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The Impact of Mobile Money Services on the Financial Transactions of Tertiary Students

International Journal of Innovative Research and Development ◽

10.24940/ijird/2017/v6/i7/jul17082 ◽

2017 ◽

Vol 6 (7) ◽

Author(s):

Francis Kwaku Kuma ◽

Isaiah Miencha ◽

Abena Yeboah Abrahams ◽

Rev Nelson Boadi

Keyword(s):

Mobile Money ◽

Financial Transactions ◽

The Impact

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Mobile Money - A Catalyst for Financial Inclusion in Developing Economies: A Case Study of Zimbabwe using FinScope Survey Data

GIS Business ◽

10.26643/gis.v12i4.3431 ◽

2016 ◽

Vol 12 (4) ◽

pp. 45-56

Author(s):

Kingstone Mutsonziwa ◽

Obert K. Maposa

Keyword(s):

Rural Communities ◽

Developing Economies ◽

Adult Population ◽

Financial System ◽

Financial Inclusion ◽

Viable Option ◽

Mobile Money ◽

Bank Branches ◽

Financial Transactions

Mobile money in Zimbabwe has extensively extended the frontiers of financial inclusion to reach millions who were earlier excluded within a relatively short space of time. The growing use of mobile phones in transferring money and making payments has significantly altered the countrys financial inclusion landscape as millions who had been hitherto excluded can now perform financial transactions in a relatively cheap, reliable and secure way. The FinScope results found out that 45% of the adult population use mobile money services. Of those using mobile money, 65% mentioned that is convenient, while 36% mentioned that it is cheap. Mobile money is accessible. These drivers are in the backdrop of few or no bank branches in rural communities as well as time and cost of accessing the bank branches. In Zimbabwe, mobile money is mostly used as a vehicle for remittances. While some people are enjoying mobile money services, it is important to mention that there are still people who are excluded from the formal financial system. The reasons why people do not use mobile money are mainly related to poverty issues. Mobile money remains a viable option to push the landscape of financial inclusion in Zimbabwe and other emerging markets where the formal financial system might not be strong.

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The Role of Mobile Money in Moderating Financial Exclusion: A Tanzanian Experience

The International Social Sciences Review ◽

10.37467/gka-socialrev.v2.2287 ◽

2020 ◽

Vol 2 ◽

pp. 1-24 ◽

Cited By ~ 1

Author(s):

Deogratius Joseph Mhella

Keyword(s):

Developing Countries ◽

Financial Institutions ◽

Banking Sector ◽

Research Question ◽

Microfinance Institutions ◽

Mobile Money ◽

Access To Credit ◽

Financial Exclusion

Prior to the advent of mobile money, the banking sector in most of the developing countries excluded certain segments of the population. The excluded populations were deemed as a risk to the banking sector. The banking sector did not work with cash stripped and the financially disenfranchised people. Financial exclusion persisted to incredibly higher levels. Those excluded did not have: bank accounts, savings in financial institutions, access to credit, loan and insurance services. The advent of mobile money moderated the very factors of financial exclusion that the banks failed to resolve. This paper explains how mobile money moderates the factors of financial exclusion that the banks and microfinance institutions have always failed to moderate. The paper seeks to answer the following research question: 'How has mobile money moderated the factors of financial exclusion that other financial institutions failed to resolve between 1960 and 2008? Tanzania has been chosen as a case study to show how mobile has succeeded in moderating financial exclusion in the period after 2008.

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