Mobile money provides new channels for customers to access traditional retail financial services such as savings, remittances, credit and insurance. With mobile financial services, customers can leverage mobile money platforms to make payments, withdrawals, and cash transfers, among others.
A mobile financial transaction to satisfy a utilities bill
The sending of cross-border money over a mobile platform
The ability to store money into a m-wallet or linked bank account
A mobile financial transaction to re-pay a microloan
Risk-mitigation products channelled over the mobile platform