With 690 million registered accounts worldwide, mobile money has evolved into the leading payment platform for the digital economy in many emerging markets. In our 2017 State of the Industry Report on Mobile Money, we found that mobile money services without enabling regulation have activity rates 30 per cent lower on average than those with an enabling regulatory environment. Non-enabling regulation can stifle investment, limit the rollout of new services, and raise costs for consumers – all of which can negatively affect activity rates.
Read the full article (and download the handbook), Introducing the first edition of the Mobil Money Policy and Regulatory Handbook
by Juliet Maina, Advocacy and Regulatory Manager, Mobile Money, GSMA