Mobile phones can be used for financial services in three different ways: for micro payments (m-commerce), as electronic money (e-money), and as a banking channel. The report examines who offers mobile phone banking services to poor customers? Why is there so much excitement about banking the poor with mobile phones? What are some reasons to be cautious? This reports that the Consultative Group to Assist the Poorest (CGAP), in partnership with the...
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