Bringing E-Money to the Poor : Successes and Failures
Moving toward universal access to financial services is within reach, thanks to new technologies, transformative business models, and ambitious reforms. Instruments such as e-money accounts and mobile accounts, along with debit cards and low-cost traditional bank accounts, can significantly increase...
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Washington, DC: World Bank
2017
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Online Access: | http://hdl.handle.net/10986/27944 |
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okr-10986-279442021-04-23T14:04:47Z Bringing E-Money to the Poor : Successes and Failures Riley, Thyra A. Kulathunga, Anoma FINANCIAL INCLUSION ACCESS TO FINANCE PAYMENT SYSTEMS DIGITAL TECHNOLOGY MPESA MICROFINANCE REMITTANCES SOCIAL WELFACE PAYMENTS DIGITAL FINANCE E-MONEY MOBILE MONEY Moving toward universal access to financial services is within reach, thanks to new technologies, transformative business models, and ambitious reforms. Instruments such as e-money accounts and mobile accounts, along with debit cards and low-cost traditional bank accounts, can significantly increase financial access for those who are excluded. Bringing e-Money to the Poor: Successes and Failures examines the lessons of success from four country case studies of “gazelles”―Kenya, South Africa, Sri Lanka, and Thailand―that leapt from limitation to innovation by successfully enabling the deployment of e-money technology. These countries have thereby transformed the landscape of financial access to their poor. In addition, two country case studies (Maldives and the Philippines) yield lessons learned from constraints that stalled e-money deployments. Because technology is not a silver bullet, the case studies also explore other strategic elements that need to be in place for a country to expand access to financial services through digital technology. 2017-08-22T14:55:52Z 2017-08-22T14:55:52Z 2017-08-22 Book 978-1-4648-0462-5 http://hdl.handle.net/10986/27944 English en_US Directions in Development—Finance; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication South Asia South Asia |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
FINANCIAL INCLUSION ACCESS TO FINANCE PAYMENT SYSTEMS DIGITAL TECHNOLOGY MPESA MICROFINANCE REMITTANCES SOCIAL WELFACE PAYMENTS DIGITAL FINANCE E-MONEY MOBILE MONEY |
spellingShingle |
FINANCIAL INCLUSION ACCESS TO FINANCE PAYMENT SYSTEMS DIGITAL TECHNOLOGY MPESA MICROFINANCE REMITTANCES SOCIAL WELFACE PAYMENTS DIGITAL FINANCE E-MONEY MOBILE MONEY Riley, Thyra A. Kulathunga, Anoma Bringing E-Money to the Poor : Successes and Failures |
geographic_facet |
South Asia South Asia |
relation |
Directions in Development—Finance; |
description |
Moving toward universal access to financial services is within reach, thanks to new technologies, transformative business models, and ambitious reforms. Instruments such as e-money accounts and mobile accounts, along with debit cards and low-cost traditional bank accounts, can significantly increase financial access for those who are excluded.
Bringing e-Money to the Poor: Successes and Failures examines the lessons of success from four country case studies of “gazelles”―Kenya, South Africa, Sri Lanka, and Thailand―that leapt from limitation to innovation by successfully enabling the deployment of e-money technology. These countries have thereby transformed the landscape of financial access to their poor. In addition, two country case studies (Maldives and the Philippines) yield lessons learned from constraints that stalled e-money deployments. Because technology is not a silver bullet, the case studies also explore other strategic elements that need to be in place for a country to expand access to financial services through digital technology. |
format |
Book |
author |
Riley, Thyra A. Kulathunga, Anoma |
author_facet |
Riley, Thyra A. Kulathunga, Anoma |
author_sort |
Riley, Thyra A. |
title |
Bringing E-Money to the Poor : Successes and Failures |
title_short |
Bringing E-Money to the Poor : Successes and Failures |
title_full |
Bringing E-Money to the Poor : Successes and Failures |
title_fullStr |
Bringing E-Money to the Poor : Successes and Failures |
title_full_unstemmed |
Bringing E-Money to the Poor : Successes and Failures |
title_sort |
bringing e-money to the poor : successes and failures |
publisher |
Washington, DC: World Bank |
publishDate |
2017 |
url |
http://hdl.handle.net/10986/27944 |
_version_ |
1764466195103219712 |