Conclusions

Sunduzwayo Madise ()
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Sunduzwayo Madise: University of Malawi

Chapter Chapter 10 in The Regulation of Mobile Money, 2019, pp 349-375 from Palgrave Macmillan

Abstract: Abstract This chapter analyses challenges of setting up an autonomous agency and how these can be overcome. It also outlines issues which are likely to affect mobile money, post-financial inclusion, such as service interoperability, competition and collaboration. It examines whether interest may be payable on mobile money accounts. It also looks at how the mobile money service may diversify and scale up after attaining saturation. Already there are cross links between the mobile money services and other financial products including bank accounts. The regulatory environment also needs to be ready for the emergence of multi-sector players, such as a telecommunication provider diversifying into the banking sector or vice versa. The chapter also considers consumer protection and proposes setting up a form of deposit insurance scheme.

Keywords: Autonomous agency; Deposit insurance protection; M-Kesho; Mpamba Fesa; M-Shwari; Post-financial inclusion (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-3-030-13831-8_10

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DOI: 10.1007/978-3-030-13831-8_10

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