This Focus Note presents the evidence gained from a comprehensive study of the experiences in developing and implementing e-payment schemes linked to financial inclusion in Haiti, Kenya, the Philippines, and Uganda.
Kenya recently granted MVNO licenses to several new companies, allowing them to provide mobile money services without building new cellular infrastructure. This could shake up the mobile money market in Kenya, which has been dominated by Safaricom.
On paper, digital financial services can sound like a silver bullet to reach millions of rural, underserved smallholder farmers. In reality, the challenges can be greater than the deployment of a low-tech solution.