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LSE Business Review: Regulating mobile money: what?s at stake
25 March 2019
A new analysis suggests a trajectory and policy recommendations, write Adeline Pelletier, Susanna Khavul and Saul Estrin. In the past decade, mobile payment systems (MPS) have rapidly emerged in many developing economies, addressing several well-known gaps in the provision of financial services. MPS, also known as mobile money, has allowed consumers who are often unbanked or underbanked, to transact and to store money more efficiently, thereby reducing the costs of engaging in undertaking all transactions, including purchasing and selling goods and paying labour...