Mobile money has done more to extend the reach of financial services in the last decade than traditional “bricks and mortar” banking has in the last century. This week, GSMA released the 2015 State of the Industry Report on Mobile Money. Now in its fifth year, this report provides stakeholders with a comprehensive quantitative assessment of the mobile money industry for unbanked and underserved people. Mobile money is reaching more than 411 million people globally. Moreover, it is available in 85% of countries where the vast majority of the population lacks access to a formal financial institution
Original post:
The Surprising Reality of Mobile Money Around the World
The post The Surprising Reality of Mobile Money Around the World appeared first on Global Health Hub: news and blogosphere aggregator.
