Mobile phone : a gateway to financial inclusiveness for the bottom of the pyramid?
Date
2010
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Publisher
LIRNEasia
Abstract
Mobile phone-based ICTs can reduce information asymmetries in agricultural markets, enabling farmers to reduce transaction costs and search costs associated with locating sales outlets. Remittance inflows into developing economies have increased ten-fold from US $31,058 million to US$ 327,591 over the 1990 to 2008 period. The presentation reviews methods for determining awareness of mobile phones as a mode of sending remittances. The mathematical model indicates that income is not an important variable; however, the frequency of mobile communication is important towards awareness and increased use.
Description
PowerPoint presentation
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Keywords
REMITTANCES, MOBILE BANKING, PERCEPTION, MOBILE TELECOMMUNICATION SERVICES, CELLULAR PHONES, ELECTRONIC FUNDS TRANSFER, MATHEMATICAL MODELS, FAR EAST ASIA