Providers Find Lucrative Market for Mobile Money Services
99 views · Published 23 November 2009 · 2:02 · Indexed 20 September 2026
Channel: Voice of America · 2009 · Science & Technology
Providing financial services to some of the world's poorest people through mobile phones is proving to be a lucrative business in developing nations. The GSM Association, which represents the global telecom industry, says the number of people using mobile phones to send or receive money will grow exponentially in the next few years. But as VOA's Mil Arcega reports, some challenges remain.
