Mobile Phones for Microfinance
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...
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| Format: | Brief |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2006/04/9638819/mobile-phones-microfinance http://hdl.handle.net/10986/9621 |
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okr-10986-96212021-04-23T14:02:46Z Mobile Phones for Microfinance Ivatury, Gautam Pickens, Mark ACCOUNT BALANCE ATMS BANK ACCOUNT BANK ACCOUNTS BANK BRANCHES BANKING SERVICES BANKS CASH TRANSACTIONS COMMERCE CREDIT CARD CREDIT CARDS CUSTOMER ACCOUNT CUSTOMER ACCOUNT INFORMATION DEPOSIT DEPOSITS DIRECT DEPOSIT DOMAIN E-MAIL E-MONEY ELECTRONIC MONEY FINANCIAL SERVICES FINANCIAL SYSTEMS INTERFACES INTERNATIONAL SECURITY INTERNATIONAL TELECOMMUNICATIONS LITERACY LOAN LOW COST M-COMMERCE MATERIAL MICROFINANCE MICROFINANCE INSTITUTIONS MICROPAYMENTS MOBILE BANKING MOBILE COMMERCE MOBILE NETWORK MOBILE PHONE MOBILE PHONE SUBSCRIBERS MOBILE PHONES NETWORK INFRASTRUCTURE NETWORKS PHONE PHONE BANKING REGULATORS RETAIL OUTLETS SALARY SECURITY STANDARDS SMALL PAYMENTS TELECOM TELECOMMUNICATION TRANSACTION TURNOVER USERS WEB 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 Vodafone Group Foundation and the United Nations (UN) Foundation, is now doing research in the Philippines and South Africa to find out what makes poor people use or reject these services and how remote mobile phone banking can go. This research can help banks, microfinance institutions, mobile phone companies, regulators, and donors steer mobile banking toward reaching large numbers of the poor. 2012-08-13T09:07:10Z 2012-08-13T09:07:10Z 2006-04 http://documents.worldbank.org/curated/en/2006/04/9638819/mobile-phones-microfinance http://hdl.handle.net/10986/9621 English CGAP Brief CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCOUNT BALANCE ATMS BANK ACCOUNT BANK ACCOUNTS BANK BRANCHES BANKING SERVICES BANKS CASH TRANSACTIONS COMMERCE CREDIT CARD CREDIT CARDS CUSTOMER ACCOUNT CUSTOMER ACCOUNT INFORMATION DEPOSIT DEPOSITS DIRECT DEPOSIT DOMAIN E-MONEY ELECTRONIC MONEY FINANCIAL SERVICES FINANCIAL SYSTEMS INTERFACES INTERNATIONAL SECURITY INTERNATIONAL TELECOMMUNICATIONS LITERACY LOAN LOW COST M-COMMERCE MATERIAL MICROFINANCE MICROFINANCE INSTITUTIONS MICROPAYMENTS MOBILE BANKING MOBILE COMMERCE MOBILE NETWORK MOBILE PHONE MOBILE PHONE SUBSCRIBERS MOBILE PHONES NETWORK INFRASTRUCTURE NETWORKS PHONE PHONE BANKING REGULATORS RETAIL OUTLETS SALARY SECURITY STANDARDS SMALL PAYMENTS TELECOM TELECOMMUNICATION TRANSACTION TURNOVER USERS WEB |
| spellingShingle |
ACCOUNT BALANCE ATMS BANK ACCOUNT BANK ACCOUNTS BANK BRANCHES BANKING SERVICES BANKS CASH TRANSACTIONS COMMERCE CREDIT CARD CREDIT CARDS CUSTOMER ACCOUNT CUSTOMER ACCOUNT INFORMATION DEPOSIT DEPOSITS DIRECT DEPOSIT DOMAIN E-MONEY ELECTRONIC MONEY FINANCIAL SERVICES FINANCIAL SYSTEMS INTERFACES INTERNATIONAL SECURITY INTERNATIONAL TELECOMMUNICATIONS LITERACY LOAN LOW COST M-COMMERCE MATERIAL MICROFINANCE MICROFINANCE INSTITUTIONS MICROPAYMENTS MOBILE BANKING MOBILE COMMERCE MOBILE NETWORK MOBILE PHONE MOBILE PHONE SUBSCRIBERS MOBILE PHONES NETWORK INFRASTRUCTURE NETWORKS PHONE PHONE BANKING REGULATORS RETAIL OUTLETS SALARY SECURITY STANDARDS SMALL PAYMENTS TELECOM TELECOMMUNICATION TRANSACTION TURNOVER USERS WEB Ivatury, Gautam Pickens, Mark Mobile Phones for Microfinance |
| relation |
CGAP Brief |
| description |
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 Vodafone Group Foundation and the
United Nations (UN) Foundation, is now doing research in the
Philippines and South Africa to find out what makes poor
people use or reject these services and how remote mobile
phone banking can go. This research can help banks,
microfinance institutions, mobile phone companies,
regulators, and donors steer mobile banking toward reaching
large numbers of the poor. |
| format |
Publications & Research :: Brief |
| author |
Ivatury, Gautam Pickens, Mark |
| author_facet |
Ivatury, Gautam Pickens, Mark |
| author_sort |
Ivatury, Gautam |
| title |
Mobile Phones for Microfinance |
| title_short |
Mobile Phones for Microfinance |
| title_full |
Mobile Phones for Microfinance |
| title_fullStr |
Mobile Phones for Microfinance |
| title_full_unstemmed |
Mobile Phones for Microfinance |
| title_sort |
mobile phones for microfinance |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2006/04/9638819/mobile-phones-microfinance http://hdl.handle.net/10986/9621 |
| _version_ |
1764410048543457280 |