Finextra community home

Mobile Money Blogs

Killian Clifford - Mobile Money Consulting - London | 11/04/2013 | 2544 views

Brewers to take Advantage of Mobile Payments?

In my previous post we highlighted the opportunity that an increasingly prosperous Africa presents for fast moving consumer goods companies (FMCGs). This opportunity is particularly big for the brewing industry. Africa’s beer market is already relatively large - estimated to be $11bn annually -and is growing rapidly. With a favourable conflue... Tags: Mobile & online, Retail banking

Killian Clifford - Mobile Money Consulting - London | 15/03/2013 | 2970 views

Africa, the Case for Consumer Goods and Mobile Payments

Africa is on the rise. For the past decade the picture has been steadily improving both economically and politically. No longer is it the ‘hopeless’ continent whose media narrative was one of war, famine and poverty. It is now the continent of hope and rising prosperity where technological advancements developed there are being exported... Tags: Mobile & online, Payments

Killian Clifford - Mobile Money Consulting - London | 10/01/2013 | 3998 views | 2 comments

Can Corporate Mobile Payments drive Merchant Acceptance?

In our last blog we raised the question of how to encourage merchant acceptance of mobile payments so that consumer demand for such payments might also be stimulated. We highlighted the conundrum that exists for physical card payments in many emerging markets, where, despite issuance and demand from consumers for these payments, the lack of merchan... Tags: Mobile & online, Payments

Killian Clifford - Mobile Money Consulting - London | 18/12/2012 | 3765 views | 2 comments

Will Merchants or Consumers drive Mobile Merchant Payments?

The GSMA recently issued a discussion paper on mobile merchant payments (or eWallet Merchant Payments as they label them). In it they laid out three conditions that they felt needed to be in place to drive customer uptake of mobile merchant payments - namely consumer demand, a clear consumer benefit, and an eWallet stored value (i.e. a positive bal... Tags: Mobile & online, Payments

Killian Clifford - Mobile Money Consulting - London | 22/02/2012 | 3264 views | 4 comments

Mobile Money - Why such low activity rates?

CGAP have released a very interesting article this morning on customer activity rates for mobile money schemes which contains some condemning statistics for the industry. Of the 120 deployments that were live globally when the study was conducted only 11 had more than 200,000 active users, and active is broadly (perhaps generously?) defined as one ... Tags: Mobile & online, Payments