East Asia and East Africa: Different Ways to Digitalize Payments

Qing Xu ()
Additional contact information
Qing Xu: Université Côte d’Azur-GREDEG-CNRS

Chapter Chapter 9 in Digitalization and Firm Performance, 2022, pp 219-249 from Springer

Abstract: Abstract Financial digitalization has led to a global payment revolution. M-payment is one of the essential digital payment methods, and it increases the efficiency of financial and economic activities, especially in developing countries. This chapter presents different development paths and adoption models of m-payment in East Asia and East Africa. China and South Korea are examples of third-party platform-led mobile payment models; Japan is an example of a bank-based mobile payment model; while East African countries originally implemented a mobile operator-led model, before moving toward a hybrid model with the greater involvement of banks and mobile operators. The chapter rounds off with some concluding remarks and reflections on other world regions.

Keywords: Digitalized payments; Mobile payment; Mobile payment operational models; East Asia; East Africa (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-83360-2_9

Ordering information: This item can be ordered from
http://www.springer.com/9783030833602

DOI: 10.1007/978-3-030-83360-2_9

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().