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About The Impactof Mobile Bankingon Financial Inclusion in Zimbabwe
This document discusses a study on the impact of mobile banking on financial inclusion in Masvingo Province, Zimbabwe. It finds that mobile banking has increased access to financial services for low-income individuals and those in remote areas by providing an easily accessible, convenient, cheaper, and secure way to send and receive money via mobile phones. The study recommends that the Central Bank of Zimbabwe supervise non-bank mobile banking models to manage cash holdings and costs to better serve poor communities. Mobile banking helps boost financial activity and economic growth in rural areas by bringing previously unbanked individuals into the formal financial system.
Detailed Information
| Author: | ['Phebieon Mukwenha'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 11 |
| Language: | English |
| Format: | |
| Price: | FREE |
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