Mobile money services are growing faster than previously anticipated worldwide, particularly in Africa, according to the annual State of the Industry Report on Mobile Money 2023 by the GSMA, funded by the Bill and Melinda Gates Foundation. The report reveals that the adoption rates are even quicker than predicted, with registered mobile money accounts growing...
Tag: mobile money
Home » mobile money
Post
Africa’s future mobile money agents face uncertainty, why?
Their numbers are growing faster than the transactions they handle. A decade ago, Jackeline Muheirwe was the only mobile-money agent in her patch of Kampala, the Ugandan capital. These days there are ten others within a minute’s walk, taking in and giving out cash from shopfronts or colourful kiosks. “You can’t make money out of...