Facilitating Cross-Border Mobile Banking in Southern Africa

Facilitating Cross-Border Mobile Banking in Southern Africa

The use of mobile banking is an increasingly important component of national and regional economic development in Southern Africa. Mobile banking can help bring the large unbanked population into the formal financial sector, and can facilitate cros...

Full description

Bibliographic Details
Main Authors: Maimbo, Samuel, Saranga, Tania, Strychacz, Nicholas
Format: Brief
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
ACCESS TO BANKING SERVICES
ACCESS TO TECHNOLOGY
ACROSS BORDERS
ACTION PLAN
BANDWIDTH
BANK ACCOUNT
BANK ACCOUNTS
BANKING SECTOR
BANKING SERVICES
BANKS
BEST PRACTICE
BORDER PAYMENTS
BORDER TRADE
BRANCHLESS BANKING
BUSINESS ACTIVITY
CAPACITY BUILDING
CASH-TO-CASH
CAUSES OF MIGRATION
CENTRAL BANK
CIVIL CONFLICT
COMMERCIAL BANKING
COMMON MARKET
COMPETITIVENESS
CROSS-BORDER TRANSACTIONS
DEMOCRACY
DEPOSITS
DEVELOPING COUNTRIES
ECONOMIC ACTIVITY
ECONOMIC CONDITIONS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC UNCERTAINTY
ELECTRONIC TRANSACTIONS
EMPLOYMENT
EXTERNALITIES
FEMINIZATION OF MIGRATION
FINANCIAL FLOWS
FINANCIAL INSTITUTIONS
FINANCIAL MARKETS
FINANCIAL SECTORS
FINANCIAL SERVICE
FINANCIAL SERVICE PROVIDERS
FINANCIAL SERVICES
FINANCIAL SYSTEM
FINANCIAL SYSTEMS
FINANCIAL TRANSACTIONS
FOREIGN TRADE
FORMAL EDUCATION
FORMAL FINANCIAL SECTOR
FORMAL FINANCIAL SERVICES
GEOGRAPHIC REACH
GOVERNMENT POLICIES
HIGH-BANDWIDTH
HOME COUNTRY
INCOME
INFLATION
INFORMAL CHANNELS
INFORMAL TRANSFER
INFORMAL TRANSFERS
INNOVATION
JOB CREATION
LABOR MARKETS
LEGAL BASIS
MARKET POTENTIAL
MATCHING GRANTS
MIGRANT
MIGRANT POPULATIONS
MIGRANT REMITTANCES
MIGRANT WORKERS
MIGRANT-SENDING COUNTRIES
MIGRANTS
MIGRANTS SENDING REMITTANCES
MIGRATION
MIGRATION FLOWS
MIGRATION PATTERNS
MIGRATION POLICY
MINORITY
MOBILE BANKING
MOBILE NETWORK
MOBILE PHONE
MONEY TRANSFERS
MONOPOLY
NETWORKS
NUMBER OF MIGRANTS
OUTSOURCING
PAYMENT SYSTEMS
PAYMENTS SYSTEM
PILOT PROJECT
PILOT PROJECTS
POINTS OF SERVICE
POLICY BRIEF
POLICY MAKERS
POLICY SERIES
POLICY SUPPORT
POLITICAL UNREST
POLITICAL UPHEAVAL
POST OFFICE
POST OFFICES
PRIMARY EDUCATION
PRIVATE SECTOR
PRIVATE SECTOR DEVELOPMENT
PROGRESS
PUBLIC SERVICE
PUSH FACTOR
REGIONAL CONFERENCES
REGIONAL INTEGRATION
REGULATORS
REGULATORY FRAMEWORK
REGULATORY FRAMEWORKS
REGULATORY RESTRICTIONS
REMITTANCE
REMITTANCE FLOWS
REMITTANCE MARKET
REMITTANCE VALUE
REMITTANCES
RESULT
SATELLITE
SAVINGS
SECONDARY EDUCATION
SEND MONEY
SETTLEMENT SYSTEMS
SKILLED PROFESSIONALS
SMALL BUSINESSES
TECHNICAL ASSISTANCE
TECHNICAL CAPACITY
TELECOMMUNICATION
TELECOMMUNICATIONS
TELECOMMUNICATIONS INFRASTRUCTURE
TELECOMMUNICATIONS NETWORKS
TOLERANCE
TRADE FINANCING
TRANSFER METHODS
UNEMPLOYMENT
UNEMPLOYMENT RATES
Online Access:http://documents.worldbank.org/curated/en/2010/08/12654270/facilitating-cross-border-mobile-banking-southern-africa
http://hdl.handle.net/10986/10163
Description
Summary:The use of mobile banking is an increasingly important component of national and regional economic development in Southern Africa. Mobile banking can help bring the large unbanked population into the formal financial sector, and can facilitate cross-border trade by easing the difficulty for small businesses and traders to make financial transactions. For mobile banking to reach its full potential in Southern Africa, however, African governments must establish more efficient regulatory frameworks and implement well-designed pilot programs to gain more insight into the challenges facing a full rollout of mobile banking.

Similar Items