GSMA’s 2012 Mobile Money for the Unbanked.

live mobile money deployments in 72 countries with 82 million customers registered.

Global Mobile Adoption Survey reports that there are 150

Peer-to-peer (P2P) transfers

represent 82 percent of the transactions.

One of the biggest determinants

of the customer repayment choice

is something as simple as agent proximity compared to branch proximity.

MFI’s are credit based while m-banking is payments focused

and more transnational banking. M-banking employs sophisticated back end systems while the MFI sector

uses relatively uncomplicated back ends to drive the platform.

Enabling Credit Approval and Repayments.

Mobile technology has enabled MFIs to broaden the reach of small business financein a simple way that enables credit approval, loans and repayments through one easy channel.

Customer Choice.

Customers choose between agents or branches for repayments.

A Pakistan study in 2012 showed 40 percent of loan repayments were made through a network of 1,800 agents.

The customer choice was simply what is nearest the agent or the branch.

Customer Choice.

Customers choose between agents or branches for repayments.

A Pakistan study in 2012 showed 40 percent of loan repayments were made through a network of 1,800 agents.

The customer choice was simply what is nearest the agent or the branch.

China’s Fintech Industry Leading the World in Mobile Transactions.

Today, 65% of China’s mobile users use their phones as mobile wallets

That is almost half a billion people purchasing products at retail outlets with simple QR scanning or shopping online.

Ecommerce platforms in China,

such as Ali Express, now approve credit on small purchases through mobile transaction history.

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