Blog
Unlocking Financial Inclusion Using Biometrically Verified SIMs
In 2015, Pakistan became the first country to leverage biometric SIM verification for remote mobile wallet account opening. We talked to members of the Banking Policy and Regulation Department at the State Bank of Pakistan to learn more about these developments and the exciting implications for financial inclusion.Blog
Agents for Everyone: Removing Agent Exclusivity in Kenya & Uganda
Mobile money and banking agents blend seamlessly into the daily economic lives of consumers in countries like Kenya and Uganda, offering convenience and expanding access points to financial services. But agent exclusivity clauses can limit customers' choices.Blog
How Ghana Set Its Rules on Interest Payment on e-Money Accounts
Soon, customers in Ghana will earn interest on their mobile money wallets. How did Ghana do it differently than Tanzania, the first country where a mobile money service paid out interest?Blog
Interest Payments on Mobile Wallets: Bank of Tanzania’s Approach
One ongoing debate in digital financial services concerns whether customers should be able to earn interest on mobile money wallets. The Bank of Tanzania decided that the benefit of interest earned by MNOs should go directly to customers. Here are key lessons to date.Blog