Categories
mobile news

Mobile Money is Driven by the Poor

We looked at the top ten countries in percent of population having used their phones to send and receive money. Turns out, even in countries with the highest use – countries that are all among the world’s poorest) – it remains the poor within those countries who use mobile financial services more frequently. In each of the ten countries, the poor used mobile banking more than the rich.. A higher percentage of the bottom 40% in income were users compared with the top 60%.

via Mobile Money: Driven by the Poor [Infographic].

Leave a Reply