Mobile Money: Communication, Consumption and Change in the Payments Space
This article explores the emerging field of ‘mobile money’: mobile phone-enabled systems for value transfer and storage, primarily in the developing world, which are heralded as signal interventions in the effort to broaden financial inclusion and bank the ‘unbanked.’ Focusing on the stories that circulate in the emergent network of expertise that is calling ‘mobile money’ into being, it discusses how economic techniques and social narratives about markets -- specifically, narratives about the opportunities for profit and financial inclusion in the ‘payments space’ -- format a consumer market for mobile money. Furthermore, it asks whether end-users' repurposing of mobile money -- and the use of airtime as currency -- heralds a new means of exchange or store of value, potentially remaking money in the process.
Volume (Year): 48 (2011)
Issue (Month): 5 (June)
|Contact details of provider:|| Web page: http://www.tandfonline.com/FJDS20|
|Order Information:||Web: http://www.tandfonline.com/pricing/journal/FJDS20|
When requesting a correction, please mention this item's handle: RePEc:taf:jdevst:v:48:y:2012:i:5:p:589-604. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty)
If references are entirely missing, you can add them using this form.