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Facilitating Cross-Border Mobile Banking in Southern Africa

Author

Listed:
  • Maimbo, Samuel

    () (World Bank)

  • Saranga, Tania

    () (World Bank)

  • Strychacz, Nicholas

    () (World Bank)

Abstract

The use of mobile banking is an increasingly important component of national and regional economic development in Southern Africa. Mobile banking can help bring the large unbanked population into the formal financial sector, and can facilitate cross-border trade by easing the difficulty for small businesses and traders to make financial transactions. For mobile banking to reach its full potential in Southern Africa, however, African governments must establish more efficient regulatory frameworks and implement well-designed pilot programs to gain more insight into the challenges facing a full rollout of mobile banking.

Suggested Citation

  • Maimbo, Samuel & Saranga, Tania & Strychacz, Nicholas, 2010. "Facilitating Cross-Border Mobile Banking in Southern Africa," World Bank - Economic Premise, The World Bank, issue 26, pages 1-5, August.
  • Handle: RePEc:wbk:prmecp:ep26
    as

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    File URL: http://siteresources.worldbank.org/INTPREMNET/Resources/EP26.pdf
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    Citations

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    Cited by:

    1. Thorsten Beck & Samuel Munzele Maimbo & Issa Faye & Thouraya Triki, 2011. "Financing Africa : Through the Crisis and Beyond," World Bank Publications, The World Bank, number 2355, July.
    2. Elisa Gamberoni & José Guilherme Reis, 2011. "Gender-Informing Aid for Trade : Entry Points and Initial Lessons Learned from the World Bank," World Bank Other Operational Studies 10086, The World Bank.

    More about this item

    Keywords

    Mobile Banking; South Africa; Africa; development; trade; small-business; regualatory framework; pilot program; money; access to banking;

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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