We’ve been saying for awhile that mobile money will be less compelling in places where good alternatives to cash already exist, for example, in developed markets such as North America. Despite that, the folks who look after how payments get cleared has opened a door for mobile.
As part of a new series of research on agents and mobile/branchless banking, this month we started a series of blog posts about recent field visits with some of India’s most prominent organizations that make use of agents.
What is the key purpose of having a scenarios session for policymakers during this seminar? The key has been to get people to focus on what the consequences of certain policy directives might have on how much – or how little – branchless banking truly increases access to financial services for the unbanked poor in the next decade.