Mobile money recommendations to central banks in response to COVID-19

The COVID-19 pandemic has brought about unprecedented challenges for the global economy. It has affected global health systems, affected peoples’ livelihoods and will leave long-lasting economic effects. Many countries have adopted partial or total ‘lockdowns’, restricting movement in a bid to “flatten the curve” and to limit the spread of the virus. In order to shield the most vulnerable user segments, governments and a number of mobile money providers and their regulators have responded with measures outlined in this document.