eServGlobal welcomes a recently published report from
According to the findings, the launch of mobile money services, primarily in emerging makets, is an evolutionary process in which several steps are necessary to achieve full financial inclusivity.
"Once the mobile wallet has been deployed (Stage 1) the first services to be introduced (almost always at the same time as wallet deployment) involve remittance, whether in the form of airtime or in a cash transaction."
Following this, mobile money services typically move to offer payment facilities, both bill payment and payment at a merchant and then to full financial inclusivity by offering micro-insurance, loan disbursement and loan repayment.
eServGlobal was invited to contribute to the report through an interview with
The report is available at: http://www.juniperresearch.com/reports/mobile_money_transfer_and_remitta...
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