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Facilitating Cross-Border Mobile Banking in Southern Africa

Samuel Maimbo (), Tania Saranga () and Nicholas Strychacz ()
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Samuel Maimbo: World Bank
Tania Saranga: World Bank
Nicholas Strychacz: World Bank

World Bank - Economic Premise, 2010, issue 26, 1-5

Abstract: The use of mobile banking is an increasingly important component of national and regional economic development in Southern Africa. Mobile banking can help bring the large unbanked population into the formal financial sector, and can facilitate cross-border trade by easing the difficulty for small businesses and traders to make financial transactions. For mobile banking to reach its full potential in Southern Africa, however, African governments must establish more efficient regulatory frameworks and implement well-designed pilot programs to gain more insight into the challenges facing a full rollout of mobile banking.

Keywords: Mobile Banking; South Africa; Africa; development; trade; small-business; regualatory framework; pilot program; money; access to banking (search for similar items in EconPapers)
JEL-codes: F43 O1 O16 O17 O54 (search for similar items in EconPapers)
Date: 2010
References: View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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