• Corpus ID: 51614

‘Leapfrogging’: a Survey of the Nature and Economic Implications of Mobile Money

  title={‘Leapfrogging’: a Survey of the Nature and Economic Implications of Mobile Money},
  author={Janine Aron},
Mobile money is a recent financial innovation giving financial transaction services via a mobile phone, including to the unbanked global poor. Mobile money technology has spread rapidly in the developing world, “leapfrogging” the provision of formal banking services by solving the problems of weak institutional infrastructure and the cost structure of conventional banking. This survey examines the evolution of mobile money, its important role in widening financial inclusion, and the impact of… 

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