The sample size gives. Reasons cited as barriers of mobile money adoption. Studies report that mobile money adoption is driven by perceived usefulness, perceived. Mobile money took the innovation further. The regulatory structure may also need to be re vised to accommodate e-money. The study recommends improvement in the network stability, extension of the service to banks and utility service providers, and recruitment of more mobile payment agents across the country. Further, in light of the large financial infrastructure gap in African countries, we investigate whether mobile phone development fosters economic growth through better financial inclusion.
In addition, mobile money literacy program me s that educate people about.
Enhancing access to banking and financial services in Botswana
Mobile money usage is driven by cost and convenience as evidenced by 8 percent of adults. Given that 47 percent of adults have no access to for mal. There may be a role for mobile money even in countries where financial inclusion is. Remittances are strongly related to mobile money adoption. Mobile money penetration, financial exclusion, and informally served. W orldwide experience suggests that providing banking.