000 02260cam a22003974a 4500
001 6786
003 The World Bank
006 m d
007 cr cn|||||||||
008 020129s2014 dcu i001 0 eng
024 8 _a10.1596/1813-9450-6786
035 _a(The World Bank)6786
100 1 _aGutierrez, Eva
245 1 0 _aMobile Money Services Development
_h[electronic resource] :
_bThe Cases of the Republic of Korea and Uganda /
_cGutierrez, Eva
260 _aWashington, D.C.,
_bThe World Bank,
_c2014
300 _a1 online resource (23 p.)
520 3 _aThis study intends to increase understanding of how different types of mobile money services have developed in different environments. For this purpose, two countries were selected, the Republic of Korea and Uganda. From these study cases, some conclusions emerge. The development of mobile banking services can appear at different stages of financial sector development, but it requires a vibrant and competitive telecommunications sector. The regulatory environment does not need to be very sophisticated for the mobile industry to emerge. However, some elements appear to be important. The legal framework should allow (or at least not explicitly forbid) nonbank financial institutions to issue money and use banking agents or correspondents. To ensure wider use of the service by the population, it is important to educate the population on the benefits of mobile money services.
650 4 _aBanks and Banking Reform
650 4 _aE-Business
650 4 _aE-Finance and E-Security
650 4 _aEmerging Markets
650 4 _aEnvironment
650 4 _aEnvironmental Economics & Policies
650 4 _aFinance and Financial Sector Development
650 4 _aFinancial Inclusion
650 4 _aMobile Banking
650 4 _aMobile Money
650 4 _aMobile Payments
650 4 _aPrivate Sector Development
650 4 _aRegulatory Framework
700 1 _aChoi, Tony
700 1 _aGutierrez, Eva
776 1 8 _aPrint version:
_iGutierrez, Eva
_tMobile Money Services Development.
_dWashington, D.C. : The World Bank, 2014
830 0 _aPolicy research working papers.
830 0 _aWorld Bank e-Library.
856 4 0 _uhttp://elibrary.worldbank.org/doi/book/10.1596/1813-9450-6786
999 _c26302
_d26302