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Trends in Mobile Payments in Developing and Advanced Economies

Author

Listed:
  • Darren Flood

    (Reserve Bank of Australia)

  • Tim West

    (Reserve Bank of Australia)

  • Daniel Wheadon

    (Reserve Bank of Australia)

Abstract

As mobile phones have become commonplace throughout the world there has been an increasing focus on their potential use for making payments. Adoption of mobile payments in developing economies has occurred well ahead of that in advanced economies, reflecting the particularly large benefits these systems can provide in some economies. Advanced economies, including Australia, are now seeing the emergence of mobile payments, but generally following very different models to those that have become popular in developing economies. This divergence highlights the fact that mobile payments encompass a range of quite different payment types, each of which appeals in different circumstances.

Suggested Citation

  • Darren Flood & Tim West & Daniel Wheadon, 2013. "Trends in Mobile Payments in Developing and Advanced Economies," RBA Bulletin, Reserve Bank of Australia, pages 71-80, March.
  • Handle: RePEc:rba:rbabul:mar2013-08
    as

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    File URL: https://www.rba.gov.au/publications/bulletin/2013/mar/pdf/bu-0313-8.pdf
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    Citations

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    Cited by:

    1. Éric Darmon & Laetitia Chaix & Dominique Torre, 2016. "M-payment use and remittances in developing countries: a theoretical analysis," Revue d'économie industrielle, De Boeck Université, vol. 0(4), pages 159-183.
    2. Tanai Khiaonarong, 2014. "Oversight Issues in Mobile Payments," IMF Working Papers 14/123, International Monetary Fund.
    3. repec:eee:joreco:v:21:y:2014:i:4:p:449-459 is not listed on IDEAS

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