4. Lessons Learned
Using Mobile Money
Benefits for small banks
and MicroFinance Institutions
FootFall
Savings
Revenue
Brand
5. Lessons Learned
Using Mobile Money
Examples of banks & MFIs partnering with
mobile money operators to finance agents
Governments being more active in
supporting mobile money via G2P transfers
(Conditional Cash Transfer)
“No one owns the mobile customer,
he is a user and not owned by anyone”
Osman Sultan CEO Du, U.A.E.
6. Facts
from Kenya
More people save via MPESA platform
than save in a bank
Most banks now have to connect to mobile
money platforms to keep & expand market share
70% of all formal payments are now via MPESA
rather than credit/debit/ATM cards
MPESA processes more transactions a day than
Western Union worldwide
7. New Entrants
“We want to partner with everyone
to create a mobile payment ecosystem”
Neil Ahlsten, Head of New Business Development, Google