Mobile phone based money services have spread rapidly in many developing countries. We analyze micro level impacts using panel data from smallholder farmers in Kenya. Mobile money use has a large positive net impact on household income. One important pathway is through remittances, which...

This article will show mobile banking and payments are evolutionary, not revolutionary. They allow conventional intermediated payments to be used in more situations by more people. Admittedly they appear revolutionary in the sense that they open up the provision of banking services by non-banks....

The process of deregulation and reforms in the Indian banking system resulted in the creation of an efficient and competitive banking system. The payment systems like cardbased payment systems, ECS, EFT, RTGS, NEFT and CTS have offered a variety of services to the customers. During the last...

Providing mobile money through mobile phones is a value-added service offered through telecommunication companies. Its issuance involves both telecommunication and bank regulations. But for complaints about this service, the first avenue for redress is often the telecommunication company, if not...

Electronic finance is one of newest financial innovation, which offers numerous benefits for the financial institutions, clients and for the government. In last couple of years large numbers of financial institutions are offering e-finance services through Internet and Websites around the world....