Africa: Mobile Financial Services Business Models Evolve

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Information about Africa: Mobile Financial Services Business Models Evolve

Published on March 14, 2014

Author: JSBMarketResearch



Africa: Mobile Financial Services Business Models : Africa: Mobile Financial Services Business Models Summary:  With other revenue sources declining, most mobile operators in Africa have launched a mobile money service. Adapted to local regulations, different business models are used to address the unbanked opportunity. But regulations are changing and operators find they need to offer more sophisticated banking services, so a collaborative business model is emerging. Convergence between banks and operators is already well under way in Africa. This report includes case studies of Orange in Cote dIvoire , Safaricom in Kenya and MTN in Uganda. Summary Introduction and Landscape :- Africa: Mobile Financial Services Business Models :  The mobile financial services (MFS) market presents a huge opportunity in Africa. Demand for MFS has gradually grown during recent years, and the services are generating significant revenue for mobile network operators (MNOs). Safaricoms revenue from M- Pesa has even exceeded that from SMS: in 2012 it reached KSh16.87bn ($199m). Operators have been developing bank partnerships and networks of distributors - agents - to address the MFS market. Different models compete with each other: some of them are aimed at customer acquisition, others at customer loyalty. Government regulation, however, is a major issue confronting operators in this market. To know more about this report click here – Introduction and Landscape :- Africa: Mobile Financial Services Business Models About JSB Market Research: is an online repository of an extensive collection of market research reports available online. This online portal contains high-quality reports with well-researched and high-quality content on a wide range of industries. These market research reports help us give a detailed insight into new opportunities in the industry, prevailing market trends, competitor analysis and future prospects. JSB’s reports are developed by the domain experts and publishers under a closely observed surveillance of industry specialists. Therefore, the researched data is well researched, well- organized and matching up to the best standards in the industry. Also JSB’s database consists of detailed insights of the leading players in the global market, products and trends. About JSB Market Research Contact Us:  Support & General Inquiries Mail : 1-800-986-4312 Billing Support Mail : +91 22 412 366 50 Website Contact Us

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