Mobile Money RSS
Adopted in 2014, the CRS’s purpose is to combat tax evasion – not just in mobile money. The Organisation for Economic Co-operation and Development’s (OECD) Common Reporting Standard (CRS) is an information... read more
The post How does the OECD’s CRS effect mobile money providers appeared first on Payments Cards & Mobile.
A new study finds that digital domestic money transfer transaction values will rise from $2 trillion in 2020 to $3.4 trillion in 2025; driven by growth of mobile money transfers. Mobile... read more
The post Domestic money transfer to grow to $3.4 trillion – mobile driving growth appeared first on Payments Cards & Mobile.
2020 was a year like no other. In every region of the world, COVID-19 triggered a mix of responses, from school and workplace closures to restrictions on movement to complete... read more
In 2019, the mobile money industry reached a major milestone of exceeding 1 billion accounts, where Asia made a remarkable contribution adding 42 million new accounts. Currently, Asia hosts 473... more
The post Beyond a billion: The mobile money landscape in Asia appeared first on Payments Cards & Mobile.
Over a decade ago, mobile money emerged as a standalone service for consumers on the same mobile operator network. Since then, widespread use and uptake has led to integration in... more