Sign in to our library of over $5 million worth of researchclose

Two Quick Steps

* Required Fields

Click Your Industry



Registered Customers

If you have an account with us, please log in.

* Required Fields



Subscribe today
Sign in to our library of over $5 million worth of researchclose

Two Quick Steps

* Required Fields

Click Your Industry



Registered Customers

If you have an account with us, please log in.

* Required Fields



Subscribe today

We deliver Mobile Wallet Market Research and SWOT Analysis from Alternative Energy to Pharmaceuticals and Healthcare Market Research Reports to Digital Media.

Skip to Main Content »

Search Site
Researchers Currently Online:2341

Mobile Money in Emerging Markets

Mobile Money in Emerging Markets

Double click on above image to view full picture

Zoom Out
Zoom In
Additional Information
Price $1,450.00
Meta Description Mobile Money in Emerging Markets
Publisher Berg Insight
Date of Report Jan 5, 2011
Quick Overview
Mobile Money in Emerging Markets
Table of Contents
Table of Contents
Table of Contents......................................................................................................................... i
List of Figures.............................................................................................................................. v
Executive summary.....................................................................................................................1
1 Mobile money in emerging markets ....................................................................................3
1.1 Introduction..................................................................................................................3
1.1.1 The mobile as an enabler of branchless banking and electronic payments........4
1.1.2 Overview of mobile money service providers .......................................................5
1.1.3 Developments in the mobile money field..............................................................8
1.2 Overview of mobile money services..........................................................................10
1.3 Evolving to a mature system .....................................................................................13
1.4 Mobile money fundamentals and success factors....................................................15
1.4.1 Network effects in mobile money systems .........................................................16
1.4.2 Internal priority.....................................................................................................19
1.4.3 Reaching the target customer groups ................................................................19
1.4.4 Building, incentivising and managing agent networks .......................................22
1.5 Case studies ..............................................................................................................25
1.5.1 Mobile money in South Africa .............................................................................25
1.5.2 The evolving mobile money ecosystem in Kenya...............................................28
2 The mobile financial services industry...............................................................................33
2.1 Technology vendors..................................................................................................33
2.1.1 The changing competitive landscape .................................................................34
2.1.2 General development trends...............................................................................37
2.2 Mobile money service providers................................................................................38
2.2.1 Mobile network operators ...................................................................................39
2.2.2 Financial institutions............................................................................................42
2.2.3 Third party service providers...............................................................................45
3 International mobile remittances .......................................................................................47
3.1 Global money transfer flows......................................................................................48INDEX MOBILE MONEY IN EMERGING MARKETS
ii
VAS RESEARCH SERIES
3.2 Cost of remitting money ............................................................................................50
3.3 Success factors for remittance services....................................................................53
3.4 The consumer-to-consumer remittance market........................................................55
3.5 Remittance methods..................................................................................................58
3.5.1 Structure of a remittance operation ....................................................................59
3.5.2 Agent networks ...................................................................................................60
3.5.3 Informal value transfer systems ..........................................................................61
3.5.4 Regulations..........................................................................................................62
3.5.5 Funds capture interfaces and payment instruments ..........................................62
3.5.6 Funds disbursement ...........................................................................................64
3.6 Mobile remittance players .........................................................................................66
3.6.1 Money transfer offices .........................................................................................66
3.6.2 Mobile network operators ...................................................................................68
3.6.3 Platform providers and third parties....................................................................71
3.6.4 Financial institutions and payment processing networks...................................73
3.6.5 International airtime transfer companies.............................................................75
3.7 Case studies ..............................................................................................................77
3.7.1 Western Union is putting its bets on mobile money transfers ............................77
3.7.2 MoneyGram offers international mobile money transfers...................................78
3.7.3 MasterCard’s MoneySend service goes mobile .................................................79
3.7.4 Remittances to M-PESA wallets in Kenya ...........................................................80
4 Forecasts and conclusions................................................................................................83
4.1 Mobile money in emerging markets..........................................................................83
4.1.1 Deployments launched by service provider........................................................83
4.1.2 Deployments launched by region .......................................................................86
4.2 Mobile money forecasts and analysis by region.......................................................87
4.2.1 Africa....................................................................................................................87
4.2.2 Asia......................................................................................................................89
4.2.3 Latin America.......................................................................................................91
4.2.4 Eastern Europe and Western Asia ......................................................................93
4.3 Mobile money technology vendors ...........................................................................94
4.3.1 The changing competitive landscape .................................................................95MOBILE MONEY IN EMERGING MARKETS INDEX
iii
VAS RESEARCH SERIES
4.3.2 Technology platform development trends..........................................................97
4.4 Mobile money service providers................................................................................99
4.4.1 Current focus and execution of services.............................................................99
4.4.2 Service provider development trends ...............................................................101
4.5 Mobile remittances ..................................................................................................102
4.5.1 Sending and receiving remittances with a mobile phone.................................102
4.5.2 Forecasts and analysis......................................................................................104
4.5.3 Mobile remittance development trends ............................................................105
4.6 International airtime transfer ....................................................................................107
4.6.1 Service provider market shares ........................................................................107
4.6.2 Forecasts and analysis......................................................................................107
5 Company profiles.............................................................................................................109
5.1 Mobile money platform providers............................................................................109
5.1.1 Comviva.............................................................................................................109
5.1.2 Fundamo ...........................................................................................................110
5.1.3 Gemalto.............................................................................................................111
5.1.4 Halcom ..............................................................................................................112
5.1.5 MasterCard........................................................................................................112
5.1.6 M-Com (Fiserv)..................................................................................................113
5.1.7 Monitise .............................................................................................................114
5.1.8 MoreMagic.........................................................................................................115
5.1.9 ProgressSoft......................................................................................................116
5.1.10 S1 ......................................................................................................................116
5.1.11 Sybase 365 (SAP) .............................................................................................117
5.1.12 Utiba ..................................................................................................................118
5.1.13 YellowPepper ....................................................................................................120
5.1.14 ZTE ....................................................................................................................120
5.2 Mobile value transfer providers ...............................................................................121
5.2.1 eServGlobal and BICS ......................................................................................122
5.2.2 Ericsson.............................................................................................................122
5.2.3 Ezetop ...............................................................................................................124
5.2.4 Luup ..................................................................................................................124INDEX MOBILE MONEY IN EMERGING MARKETS
iv
VAS RESEARCH SERIES
5.2.5 MoneyGram.......................................................................................................125
5.2.6 TransferTo .........................................................................................................126
5.2.7 Visa....................................................................................................................127
5.2.8 Western Union...................................................................................................128
Glossary ..................................................................................................................................129




...